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7 Bank-Led Open Innovation Initiatives to Work with Startups

As startups become the buzzword for businesses worldwide, global banks—more than ever—are eager to run hand-in-hand with these new-age, technology-driven companies. Earlier, many large global banks stayed away from investing in this emerging and dynamic sector due to relatively smaller deal sizes and returns on investments. However, that is now seeing a drastic facelift as these global institutions face aggressive competition from startups that have found cheaper, effective and faster way of functioning in finance using technology. As a result, banks are now finding ways to involve themselve ...

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