Start Date
16-8-2018 12:00 AM
Description
Improving the financial market in order to include more people is a way to combat social inequalities and poverty. We have identified that both Social Enterprises (e.g Grameen Bank) and Fintech have performed such tasks. Acronym for "Financial Tecnhology", Fintech are new entrants in the financial market, comprising a universe of startups operating on digital platforms. This article defines SocialTech as organizations that represent the intersection between Social Enterprises and Fintech. As Fintech's classifications exclude the social dimension and categorizations of social entrepreneurship activities exclude the dimension of technology, we propose a SocialTech classification that considers both technological aspects and social entrepreneurship activity. We present four empirical illustrations, one for each type of SocialTech identified, in order to evaluate the classification model.
Recommended Citation
Siqueira, Erica; Diniz, Eduardo; and Albino, Raphael, "Fintech Social: Definição, Categorização e Ilustrações EmpÃricas - Social Fintech: Definition, Categorization and Empirical Illustration" (2018). AMCIS 2018 Proceedings. 7.
https://aisel.aisnet.org/amcis2018/LACAIS/Presentations/7
Fintech Social: Definição, Categorização e Ilustrações EmpÃricas - Social Fintech: Definition, Categorization and Empirical Illustration
Improving the financial market in order to include more people is a way to combat social inequalities and poverty. We have identified that both Social Enterprises (e.g Grameen Bank) and Fintech have performed such tasks. Acronym for "Financial Tecnhology", Fintech are new entrants in the financial market, comprising a universe of startups operating on digital platforms. This article defines SocialTech as organizations that represent the intersection between Social Enterprises and Fintech. As Fintech's classifications exclude the social dimension and categorizations of social entrepreneurship activities exclude the dimension of technology, we propose a SocialTech classification that considers both technological aspects and social entrepreneurship activity. We present four empirical illustrations, one for each type of SocialTech identified, in order to evaluate the classification model.