This morning Rakuten announced they established a $100 million fintech fund: http://ow.ly/UD8wl. We’re genuinely excited for the Japanese e-commerce giant, but we’ve heard this story before. We’ve now lost track of how many FinTech incubators are out there. Lots of governments and cities seem to have one (Dublin, London, NYC and Hong Kong being the biggest). Large and small banks — JPM, Santander and Citi to name a few — around the world have made announcements in recent years that they have created their own, with the intent to get closer to the innovators, invest in the future of their own core…
Nov 13, 2015
Yet Another FinTech Incubator Emerges
International, Uncategorized 0 Comments