Investing in fintech – the consortia option
There are various investment models through which large corporates can structure their involvement in new tech – including fintech – ventures, such as incubation, commercial co-operation, minority investment, or acquisition. In a report we put together for Paris Fintech Week we examine the option of creating a consortium, which brings benefits such as risk sharing, limiting financial exposure, enabling knowledge exchange in a safe environment, and creating industry-wide buy-in to new, disruptive technologies and solutions.
Our findings are based on our recent experiences advising a consortium of banks to set up a new “utility settlement coin” digital currency for settling and clearing financial transactions over blockchain, and advising another consortium of banks and industry players to launch the komgo blockchain platform to transform commodities trade finance.
Visit Innovating via consortia - Risks and opportunities from the GC’s perspective for key issues and the full report.