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Ant Financial to raise a $1 billion startup investment fund

Bank Innovation

The internet finance company is looking to back more startups in those regions […].

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Santander InnoVentures bets on SME fintech lender

BankInovation

Santander Group’s venture capital fund, Santander InnoVentures, has deepened its presence in Latin America with its fourth investment in the region, this time funneling $5 million in a Series A funding round into a55, a niche alternative SME lender, the VC firm announced in a release last week.

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Seeking Banking Balance Between Physical And Digital

PYMNTS

For American regional financial services company Bank of the West, a division of international bank BNP Paribas, striking the right balance has meant seeking collaborations with competitors in the FinTech space instead of focusing on a digital-only approach. Can banks have it both ways? Staying on Top of Customer Expectations.

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37 Corporate Innovation Labs In Finance

CB Insights

Capital One — Capital One Labs. Key people: James Patterson, Managing VP & Head of Capital One Labs at Capital One. Capital One Labs aims to streamline the product creation process, with a focus on consumer-first design. Notable projects: Capital One Cafes have been popping up in cities all over the country.