• Since the start of 2015, large traditional banks including Goldman Sachs, Citigroup, and Banco Santander or their corporate venture units have each completed 7+ deals to Venture Capital (VC) backed fintech companies.
  • Most other big global banks have done at least one such deal since 2015 as indicated by the graphic below.
  • Disruption within this sector will only continue to increase in the coming months and years, as regulation becomes more and more integrated between reality and technology.
  • The traditional and so called “large majors” within this sector will have no option to either embrace this disruption or have a slow death in obscurity.

Large banks have been accelerating their investments in Venture Capital backed Fintech startups