Author: Yukio Gerst

Yukio graduated in business administration from Landesbank Baden-Württemberg and the Baden-Wuerttemberg Cooperative State University. His interest in new technologies and innovative business models prompted him to become involved in various start-ups in the finance industry while still a student. After graduation, he continues to apply his acquired knowledge in start-ups in the insurance and healthcare industries.

Successful Cooperation: What Banks and Fintechs Need to Consider

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For a long time, fintechs were seen as a direct threat and competitor to traditional banks due to their high innovative capacity and the disruption potential attributed to them. In recent years, however, it has become apparent that both fintechs and banks are more interested in cooperation than in competition. However, there are factors that can cause a cooperation between a bank and a fintech to fail. How to prevent this is the topic of this article.

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All, Digitization, Ecosystems, technologies