Where Top US Banks Are Betting On Fintech
We mapped out where the top 10 US banks are investing in fintech across categories like blockchain, insurance, lending, and more. Since 2012, the top 10 US banks by total assets have participated in 81 deals to fintech startups, totaling nearly $4.1B in disclosed funding. In the last year, banks have homed in on the consumer, backing robo-advisors and companies offering easy-to-use money management apps. Goldman Sachs recently invested in Folio, a Tokyo-based company that allows consumers to invest in baskets of stocks based on themes like cybersecurity and anti-aging, in addition to offering a robo-advisory service. Goldman additionally added new alternative lending companies to its portfolio, with investments into Better Mortgage and Neyber.
Sep-26-2018, 07:52:00 GMT