Karen Rands - Compassionate Capitalist

Karen Rands is joined by Eric Hazard of Vested Ventures to discuss what “financial literacy” really means and why "fintech" is uniquely qualified to help provide it -- and how Compassionate Capitalists, angel investors, can make money while investing in companies that are solving social and economic inequality.  The lack of financial literacy has created a market ripe for predatory consumer lending abuse with payday lending schemes and the structure of private student loans.  You can trace the greed of certain financial institutions whom preyed on the financial naivete of people of color and first time home buyers with those crazy no money down balloon mortgages, leading to the real estate bubble and great recession 20 years ago.  In this podcast / video cast you will learn:  The basic definition of FinTech and how it has evolved Why financial literacy begins with financial access How FinTech can strengthen relationships between businesses and their employees & customers, and be a force for good Why Vest