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September 18, 2023
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3
 min read

Forbes: With Millicent, Stella Dyer Aims To Financially Empower The Disenfranchised

Dyer’s blockchain-based digital financial company, Millicent, is being funded in part by the British government.

Forbes: With Millicent, Stella Dyer Aims To Financially Empower The Disenfranchised

Upon earning an MBA from Harvard Business School, Stella Dyer polished off her gold star finance resume with jobs at Morgan Stanley and Goldman Sachs, moving then to C-suite roles at several large private equity firms. Her primary aim, however, has never been to accrue wealth. She is driven by a desire to make it easier for the approximately 1.7 billion marginalized and unbanked people across the globe to access financial services.

Dyer’s blockchain-based digital financial company, Millicent, is being funded in part by the British government. Her goal is “to build the infrastructure for people-first money,” Dyer says.

Through decentralized finance, the company hopes to usher in a new financial paradigm via an open infrastructure that breaks down walled gardens and creates a strong, collaborative foundation for the future of global financial services. Millicent offers lightning fast money transfers at a fraction of the traditional cost per transaction.

A few years back, Dyer identified blockchain technology as a way to potentially transform the financial system for everyday people. “I realized this could be my true calling and dove headfirst into uncovering everything I could about the industry,” she says.

Read the full story on Forbes.

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