Ron Shevlin, Senior Contributor / Forbes: Money
The New Venture Capitalists: How Community Banks Are Fueling The Growth Of Fintech – Banks investments in fintech startups averaged nearly $3 million per bank in 2022, and is expected to grow by roughly a third to $4 million in 2023. Overall, Cornerstone Advisors estimates that banks and credit unions will pump about $1.5 billion of capital into fintech startups in 2023.Banks investments in …
