Innovation
A joint journey
How are small, agile, innovative startups working with the lumbering, giant corporates?
21 June 2021
As demand for digital products and services grows, banks and insurers are increasingly looking to partner with startups. But it’s not easy.
In recent years, Absa has scouted over 400 fintechs globally, while Nedbank has invested in seven local tech companies, and Rand Merchant Investment Holdings, the holding company of Outsurance, has invested in five startups from a $70-million fund.
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