The GCV Connect powered by Proseeder platform reviewed the applications thanks to the expert corporate venturing judges and then showcased the finalists with the recordings edited and showreeled at the GCV Digital Forum next week, 29th.
Just taking fintech as a sector in upheaval across the whole range from banking to insurance and the payments and infrastructure systems that underpin it. Canada-based Fairfax Financial along with private equity group Blackstone backed with $500m a commercial insurance spinout, Ki, from UK-based Brit Insurance, according to Insurance Insider. Ki uses an algorithm designed by University College London on a platform designed in collaboration with Google Cloud.
But there are plenty of other big rounds, from Klarna to Mollie to Robinhood and Chime happening in recent months as well as large exits, including Plaid, earlier in the year.
Whether the trade sales continue was subject to debate in a panel, Cross Border Corporate Venture Capital Investment in Fintech, hosted by Jonathan Cardenas, Josemaria Siota of IESE Business School, Paul Chen of Mayer Brown, Robin Eyben of Osborne Clarke Germany and Christel Hupfeld Moreno of Gunderson Dettmer at the ABA Business Law Section‘s 2020 Virtual Annual Meeting this week.
The debate will continue at the GCV Digital Forum with Alex McCracken at SVB leading a roundtable on fintech so get your questions ready.
