Fintech funding: Citi Ventures pivots investment strategy
The venture firm is looking toward early-stage startups, AI
Citi Ventures, a venture capital arm of $1.7 trillion Citigroup, is changing its investment strategy amid turbulent macroeconomic conditions. The first half of 2023 saw a 50% decline in global fintech funding as investors pulled back in response to inflation, high interest rates and geopolitical instability, Agustin Rubini, director analyst at Gartner, told Bank […]
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