TLDR: Bankers, rather than venture capitalists, should lead bank venture units, according to an opinion piece in Euromoney. The article argues that bankers have a greater understanding of the bank’s operations and legacy systems, as well as the ability to forge collaboration and validation, which is important for the success of a bank’s venture investments. It suggests that venture capitalists often rely on bankers for insights into technology and practical applications, and that bank validation and partnership are the most valuable resources for fintech development.
Bankers, the true vanguard for bank venture units, not capitalists.
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