California leads financial innovation race
Looked at through the eyes of corporate venturing, the most important centre for financial services innovation is no longer the traditional dominant cities of New York and London but instead is the home for technology venture capital – California.
While Global Corporate Venturing has tracked a handful of deals in New York City and London, and similar numbers in the emerging markets of China, India and Singapore, corporations have backed at least 10 California-based financial services-focused start-ups in the 12…
