Unconventional Ventures’ Theodora Lau: ‘We can do better and we have the technology to do it”
- The financial services industry has fallen short on taking care of the unbanked and underbanked.
- Our guest on the podcast today is working to focus the industry on fixing what's broken.
Today’s guest is Theodora Lau, founder of Unconventional Ventures. When you listen to her, Theo challenges the industry to do better. Instead of producing another colored metallic debit card, she’d like to see real financial innovation that helps the people hurting the most. The unemployed. The poor. The older demographic.
We discuss the financial industry’s relationship with consumer wellbeing and where needs aren’t being met. Theo describes what would need to happen to improve financial outcomes. Lastly, we talk about AI and algorithms and the challenges they impose on us all.
Challenging the status quo
Many of the founders we run into that focus on serving the underserved typically have a story, a passion for trying to change the industry.
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