August 26, 2016
Success in FinTech is often comparable to a hike without a backpack in a company of experienced hikers who carry large sacks with water and snacks and willing to share when necessary. In the case of FinTech, experienced companions are the bank investors.
Traditional financial institutions have been in this game for a while and operate in a vast and complex ecosystem, which now serves a foundation for FinTech growth and development. In fact, some estimates suggest that three of the largest FinTech investors are international financial institutions – Citi Ventures by Citi, followed by Goldman Sachs and JPMorgan.
Aside from the larges ...