Moneda Moves: Unlocking Economic Power Starts With Latinas | SHENIX Founder Olga Camargo on Apple Podcasts
Today we are talking about an issue near and dear to my heart, unlocking Latina power.
For a second, I want to do a flashback to a world before the pandemic, when the word “unprecedented” took a whole different meaning. It was the word we could use to describe: Latinas were projected to grow by 25.8%, close to 9 times the projected growth of white women in the labor force, the new businesses generation in our communities, and the growth in Latinas earning a college degree. Enter the pandemic, and this is when we saw our community take a hit and Latinas exit the domestic workforce at one of the highest rates.
And while the last two years certainly pose an challenge, Olga Camargo, founder of fintech company SHENIX is optimistic we have much more economic power to unlock in our Latina community, with some education, advocating for equal pay and investing.
SHENIX is a Latina-founded app that works with its clients to educate, provide negotiation skills, and develop actionable plans to build wealth. It’s also based in my hometown, Chicago, where Latinos are the city’s second-largest ethnic group. I’m eager to see the impact this app makes in my hometown, and ahead of then we are talking with Olga about founding her fintech company and the importance of culturally-relevant financial service.