great promise...look forward to see the impact!
CheBanca!, based in Milan, kicked off a campaign to create a community for fintech enthusiasts earlier this year. Partnering with the blog Startup Italia and university incubator Polihub, the bank helped host a competition that doled out money and mentorship to fintech entrepreneurs. CheBanca!, the retail banking arm of the Italian investment bank Mediobanca (and no, that exclamation mark is not a typo), is also working to give the young companies under its wing international exposure and determine which ones it could use as vendors internally. The strategy is founded on executives' belief that tech entrepreneurs will greatly shape the future of banking. "I truly believe that most of the innovation in the financial services arena in the years to come will be generated by outsider fintech,"
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