Deserve is offering unsecured cards to young adults who do not have traditional credit scores. The Silicon Valley startup uses a proprietary algorithm that analyzes bank account activity to evaluate the likelihood that borrowers will repay.
The tech sector is filled with innovators who want to solve really tough problems. Yet, there is one huge problem they can’t seem to make a dent in, says the creator of Craigslist and the founder of Women Who Tech.
Professor of entrepreneurship and innovation Luleå University of Technology
Researchers in Sweden found that venture capitalists often use unflattering language to describe female entrepreneurs. That could explain why women’s applications for funding were rejected more frequently than men’s.