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In this insightful episode, Aishat engages with Rob Hayward, the visionary behind GoodFX, a B Corp-certified financial institution. They delve into the genesis of GoodFX, its mission to repurpose FX costs for charitable causes, and the broader implications of ethical finance in today's world. Rob sheds light on the disparities in the financial sector, the challenges faced by charities in accessing affordable banking solutions, and the innovative approaches GoodFX employs to bridge these gaps. The conversation also touches upon the importance of transparency, the role of B Corps, and strategies for building resilience in the nonprofit sector.​

Discover how you can optimize your FX transactions and contribute to meaningful causes simultaneously.

KEY TAKEAWAY

• GoodFX emphasizes flat and fair pricing, offering free audits to clients to uncover hidden costs in their current financial operations.
• Traditional banking systems often impose high costs and slow processes, especially affecting charities and organizations in the Global South.

BEST MOMENTS

• Analogy comparing traditional banking systems to sending letters and FinTech solutions to instant messaging, highlighting the need for modernization.

EPISODE RESOURCES

Connect with Rob Hayward: https://www.linkedin.com/in/purposeful-payments/

ABOUT YOUR HOST

Aishat operates her own bookkeeping and accounting services practice –BAnC Services – which focuses primarily on serving non-profits. Before founding her practice, she dedicated over two decades to the non-profit sector.

With her podcast, Aishat shares practical insights and expertise to streamline financial management for non-profits, while also shining a light on the often unseen and unheard efforts that uphold the delivery of a non-profit’s mission.

She is the author of Money Solutions for Single Mums and Charity Finance from A to Z – a practical guide designed to demystify finance for those working in the charity sector.

Beyond her professional endeavours with non-profits, Aishat is deeply committed to supporting single mothers in navigating financial challenges and champions financial literacy among young Black adults. She thrives in conversations about money, empowerment, and purposeful work.

Work with Aishat: www.bancservices.co.uk

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