Purpose Driven FinTech Founder: Obu aims to close the gender investment gap through angel investing | Sarah King, CEO and Co-Founder at Obu
I bet you are not an angel investor because you think you need a ton of money to be part of the club, or you have no idea even where to start because you don’t have a network of entrepreneurs building projects you believe in! Well all of that may be true, but not anymore!
In this episode, Sarah helps us demystify Angel Investing. She explains what angel investing is, the challenges of Angel Investing, and a solution to make it accessible for all of us - Obu! We then go broader into the role of Obu in closing the Gender Investment Gap, the Importance of Financial Education, the inherent risks of angel investing, and creating a culture of psychological safety so that we can create FinTechs with impact!
Sarah is the CEO and CoFounder of Obu, an entrepreneur with Design Thinking embedded at the core of the work she does and a disruptor of the dominant narrative of entrepreneurship and investment in the U.K. Why? Only 1% of VC funding goes to women founded businesses.
Let’s dive into it!
👉 You can find Sarah here
- LinkedIn: https://www.linkedin.com/in/sarahlking/
- LinkedIn Obu: https://www.linkedin.com/company/obu-invest/
- Website: https://www.obuinvest.com/
👉 And you can find Monica here:
- LinkedIn: https://www.linkedin.com/in/monicamillares/
- YouTube: https://www.youtube.com/@moni_millares
- TikTok: https://www.tiktok.com/@moni_millares
- Website: https://moni-millares.mystrikingly.com/
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In this Purpose Driven FinTech episode we cover:
(0:01:08) Importance of diversifying the angel investor population
(0:02:03) Definition of success based on internal measures and values
(0:04:02) Coping with tough times by focusing on learning and growth
(0:07:54) Building purpose-driven fintechs through demystifying regulation, serving underserved audiences, and empowering entrepreneurs
(0:11:35) Demystifying angel investment as placing a bet on a business and supporting its success
(0:14:44) Due diligence for angel investors
(0:15:40) Obu's purpose to close the gender investment gap
(0:17:13) Sarah shares her personal journey and reasons for starting Obu
(0:20:08) Challenges within the current financial services system for women in angel investing
(0:23:29) Flipping the problem and focusing on changing the system to be more inclusive
(0:26:40) Sarah describes their fintech platform as a dating app for early stage entrepreneurs and angel investors
(0:31:07) Making legal documents more accessible for angel investors
(0:32:47) Financial education and due diligence for angel investors
(0:35:27) Evaluating the financial position and accepting the risk of potential loss
(0:38:57) Psychological safety in creating a culture that supports innovation
(0:41:06) The 1% jar and the importance of learning and growing together
(0:43:15) Funding diverse fintech founders as a way to drive inclusion
SEARCH QUESTIONS
- What is angel investing for beginners?
- How to close the gender investment gap?
- What percentage of VC funding goes to women founders?
- How to become an angel investor?
- What is inclusive design in FinTech?
- How to invest in diverse entrepreneurs?
- What is the risk of angel investing?
- How to do due diligence on startups?
- What is psychological safety in investment?
- How to build investment education programs?
- What is capital plus in angel investing?
- How to democratize angel investing?
- What are barriers to women in investing?
- How to create investor communities?
- What is the Obu Angel Collective?
- How to fund female-founded businesses?
- What is purpose-driven angel investing?
- How to design financial products inclusively?
- What is the 1 percent jar culture?
- How to flip systemic problems in finance?
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Production and marketing by Monica Millares. For inquiries about coaching, collabs, sponsoring the podcast or creating or editing your podcast email Monica at fintechwithmoni@gmail.com
Disclaimer: This episode does not constitute professional nor financial advice and does not represent the opinion nor views of my current, past or future employers. The guest has agreed to record and release our conversation for the use of this podcast and promotion in social media.