FIS launches $150 million fintech venture investing arm - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Payments and financial tech giant FIS just launched a fintech venture arm — here's where it's looking to invest $150 million over the next 3 years

, was considered a way for FIS to stay ahead of the curve in an industry that was rapidly consolidating.

"We just have to be positioned to embrace those technologies and protect the existing markets that we have deep penetration in by offering new digital-type solutions," Ramji said. "There's new businesses that will be created out of it, so we just have to be on the forefront of that." Companies will need to have a large addressable market — "We're not looking just for point solutions," Ramji said — with some strategic opportunity for FIS, whether it be in markets the company already serves or potentially could.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 729. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Singapore Fintech Association and Razer partner to help fintech sector - Business InsiderSingapore Fintech Association and Razer Fintech are collaborating to help local fintech companies withstand negative impacts of the pandemic.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Company gets $10 million after paying millions to resolve allegation - Business InsiderMedical company received a $10 million government loan 2 weeks after paying $6.5 million for allegedly overcharging the US for veteran's care you are running a fraud based banking system wtf do you expect morons Not bad for 2 weeks work. Got that 6.5 back with interest. Legal collusion
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Why I'm investing in real estate to fund my retirement - Business InsiderReal estate is a great asset for retirement, and there are many ways to get started, such as through REITs or REIT funds. Rents are about to drop through the floor.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

I'm saving money by sheltering in place and investing it in my future - Business Insider'After the coronavirus shook everything up and I found myself sheltering in place, I decided to make big changes to my budget.' The Stock Market? Why? Because the pokies are shut down.... Once Corona sent me home, wifey and I have aggressively saved pretty much all of our $. Tax return, stimulus, unemployment, you name it and we’re saving it. Managed to save thousands since March👍🏾 grateful we have no car payments, credit cards or kids so we can afford to save🙌🏾
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Josh Constine moves from startup reporting to investing - Business InsiderA long line of VCs including Sequoia Capital's Mike Moritz and General Catalyst's Katherine Boyle began investing after previous stints as writers.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Half of US doctors now use telehealth - Business Insider - Business InsiderForty-eight percent of US physicians now report treating patients via telemedicine — a huge leap from the 18% who said the same in 2018. The answer here is simple. There is not enough opportunity for BILLING when this is done. Doctors are sharks just as ferocious as lawyers when it comes to BILLING! Not enough billing = No New Mercedes 500!
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »