The creative industries consist of a vast array of sub-sectors including architecture, fashion and handicrafts to name a few. It is one of the most rapidly growing sectors of the world economy with an annual growth of 9 per cent globally and 12 per cent in the developing world (Callanan, 2020). It comes as no surprise that the COVID-19 pandemic brought many creative manufacturing and handmade businesses to a halt, affecting both consumption and distribution. Additionally, with the industry’s workforce being one of the world’s largest yet poorest, it’s important to know some of the opportunities for financial inclusion within this space (in this case, something called impact investing).

Fintech, short for financial technology, refers to a relatively new yet rapidly growing industry that uses technological innovation to continuously enhance and improve financial services. The purpose of Fintech is essentially to aid companies, business owners and consumers in better managing our financial operations and processes by utilising specialised software and algorithms on both our computers and our smartphones.