‘We see more and more nonprofits adopt the fintech model’: Prudential Financial’s Sarah Keh
- Large financial organizations are increasing their work in their communities and with inclusivity.
- Prudential's Sarah Keh joins us on the podcast to talk about her work with nonprofits and the city of Newark, New Jersey.
During the pandemic, many for-profit companies and startups started creating digital tools to help people manage and save their money — things like getting access to products and services that support their financial health, like financial coaching.
At the same time, underserved and low-income consumers — typically left out of traditional banking — are increasingly gaining access to mobile and online technology, creating opportunities for nonprofits to participate in fintech.
Sarah Keh, vice president of inclusive solutions at Prudential Financial, believes that nonprofit fintechs provide critical services to underserved communities that have otherwise been marginalized. She joins me on the podcast to talk about the impactful work that’s going on in the sector. We discuss how they’re combining revenue sources through enterprise customers in order to grow and scale their business without solely relying on philanthropic funding, which can be unreliable. Sarah shares more about her role at Prudential and the work her firm is doing in the space.
Sarah Keh is my guest today on the Tearsheet Podcast.
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The following excerpts were edited for clarity.
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