F-Prime Capital - State of Fintech 2023
Wharton FinTech Podcast
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Neo Banks: Why Investors Ascribing High Value Used to New Banks
Abdul: I can't see a reason why we cannot have a few large, largely trade large beta new banks that are publicly listed and profitable over time. Some of the largest banks in the US have had hundreds of years to get to the position they are today. So there is a lot to be said beyond unieconomics as to why these disruptors are continuing to get large, large valuations. Kayla: Is there anywhere where you think is under notice to underserved? Abdul: Of course we're venture investors. We love vertical software and have been for a really long time. It led us to invest in toast through investments like this.
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