'We see more and more nonprofits adopt the fintech model': Prudential Financial's Sarah Keh

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Tearsheet Podcast: The Business of Finance

Business


Welcome to the Tearsheet Podcast. I’m Tearsheet editor in chief, Zack Miller. 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 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.