Cepal, a major financial services servicer in Southeast Europe, has signed an agreement to acquire a 51% stake in fintech company Finclude, regulated by the Central Bank of Ireland. This investment aligns with Cepal's strategy to enhance its technology and data-driven services for institutional clients. Finclude will continue operating independently within Cepal, contributing to its Data & Analytics ecosystem. The deal is subject to regulatory approvals.

Diverse leadership in any sector sets the path for broader idea generation and further economic expansion. According to the Diversity For Growth report 2021 by Findexable, a global platform gathering progressive data on women in fintech, women-founded fintech companies make 78 cents in revenue per every dollar of funding they receive, while male-founded fintechs generate only 31 cents, which is almost half the value. Yet male-founded fintechs still receive twice as much the investment globally compared to their female peers. Expecting similar growth in the region, today, The Recursive wants to put a spotlight on female fintech founders of Bulgaria, Romania, and Greece, showcasing successful women creating innovative solutions in the financial sector