YBF Ventures held the second annual Lift Off Awards on 21 November 2019. Lord Mayor of Melbourne Sally Capp was among the guests who paid tribute to diversity in the finch sector.
Taking place once again in the Ballroom at YBF Melbourne, the awards paid tribute to the contributions to the fintech landscape including Innovator of the Year, Collaborator of the Year, Rising Star, Coolest Branding and Star of Social Impact. Regtech of the Year has been added for 2019, recognising its necessity in the space.
The Need for Lift Off
The Lift Off Awards are part of YBF’s overarching drive for diversity, and part of the YBF Fintech Hub.
“Technology, unfortunately, does not have the best track record of being diverse. And we’re [YBF Ventures] going to do our part to change that,” said YBF’s CEO Farley Blackman.
Internally, YBF Ventures has cultivated and nurtured their own diversity. In late 2017, the YBF team was 10% female. Today the team is 55% female with staff hailing from eight countries and speaking more than five languages.