Google and Intel top charts of corporate investors in fintech
Financial services firms may dominate the list of corporate investors in fintech startups, but the biggest investment dollars are coming from two of the world’s largest tech companies, Google and Intel, according to data from CB Insights.
Intel has notably made a large number of investments outside of the US, including companies like iZettle (Sweden), Elike (Brazil), and UUCun (China).
Google on the other hand has cast its dollars across a wider spectrum of financial services startups, ranging from small business loans (OnDeck Capital) to personal savings (Hello Digit). Four of the spaces Google seems particularly interested in are crowdfunding, digital currency, trading tools, and back office software with at least three investments in each.
Source: Finextra – Google and Intel top charts of corporate investors in fintech