Issue 245 — November 20, 2023
Scrolling social media, as I do far too much, I saw this post:
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The global electronic invoicing market is booming, and according to imarc's E-invoicing market forecast report for 2022-2027, it’s not going to stop anytime soon.
As businesses across various industries make the switch from paper-based invoices to completely digital ones, entrepreneurs are uncovering smart ways to further optimize their billing systems.
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By the time Einat Steklov moved to the United States from Israel in 1996, she had already served in Israeli Defense Forces, graduated from Tel Aviv University Law School and worked in a corporate law firm.
But she couldn’t get a phone line because she needed a credit history in the U.S.
“I recall sitting there thinking I need a credit card. I made good money, my husband made good money and we could not establish credit,” says Steklov, founder and CEO of Kashable, a lending model offered through employers for employees to have easy access to credit.
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Now vice president and head of strategic partnerships at Amex Digital Lab, Stephanie Schultz recalls it was not all that long ago starting her career at American Express, when she thought maybe it was time to get an American Express card herself.
And now she spearheads the innovation hub at this Fortune 100 company, creating new ways for customers to interact with Amex digitally across all platforms and apps.
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The P word trips most women up concerning their finances, and it’s the word many fear: Plan. Beth Kljajic, a Chicago-based financial services professional with New York Life Insurance, says most women from Millennials to Baby Boomers are not prepared financially for the costs of retirement or healthcare later in life
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More women own businesses now than at any time in the past. According to the 2018 State of Women-Owned Businesses, a report from American Express, the number of women-owned businesses grew by 58 percent from 2007 to 2018.
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Growing up in Chicago with a brother may have helped prepare Julie Yanez for a career in finance and investments. Now a principal at Retirement Solution Group with two sons of her own, Yanez is based in the Chicago office with a team of 15 women and five men– a definite gendered flip on the industry norm.
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Growing up in a suburb of Birmingham, England, Amanda Pullinger looked to Margaret Thatcher, then prime minister of England, as her role model.
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“This is definitely the coolest job title I have ever had,” says Rachel Black, Tech Evangelist and spokesperson at Lisk, a blockchain application platform with the mission to bring blockchain technology to the mainstream.
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Most people get credit wrong.
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Investment research firm MSCI has analyzed the 2,400 companies in its World Index and concluded the same thing as everyone else: companies with more women in leadership perform better financially.
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We get it. Fall is a really busy season. If you missed Take The Lead’s virtual happy hour in October with women and investing expert, Manisha Thakor, not to fear. Read on for the highlights and takeaways from our conversation with Manisha on how to make smart money moves for financial health and power below.
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