Bankers As Venture Capitalists

From @AmerBanker:

Financial services companies with a keen eye for innovation are making venture capital investments.

They’re funding and incubating early-stage, high-risk technology companies. They’re seeding their investments in Silicon Valley, Silicon Alley in New York City, Silicon Prairie in the Midwest and wherever else such companies are creating financial technology.

Banco Bilbao Vizcaya Argentaria recently said it would invest $100 million through its newly created BBVA Ventures arm.

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