. Fiserv runs a fintech accelerator program as well.
And fintechs that help those financial institutions change their core infrastructure are well-positioned, he added, enabling banks to remove some of their "legacy tech debt" and become more innovative.Fintechs are taking on incumbents one piece at a time Point72 led Mantl's $8 million Series A in February, and participated in its $10 million Series A extension in June.
Once trust is established, fintechs have an opportunity to disrupt more pieces of banking infrastructurebanks' increasing acceptance of them as partners"I think big banks, in particular, have seen enough success with their fintech partnerships and have seen enough evolution in their internal mindset where they're more comfortable working with early-stage startups," Shriner said.
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