It is one thing to talk the talk of working with fintech startups. It is a whole other thing to walk the walk.
But exactly how does BBVA walk the walk with the fintech startups it works with? The Spanish bank has several POCs under way, and its OpenTalent startup competition has drawn a wide breadth of startups to BBVA’s fold. Just this week, BBVA agreed to purchase Holvi, a fintech banking startup, for an undisclosed amount.
In this video from Bank Innovation 2016, Scarlett Sieber, who is one of the leaders of BBVA’s fintech charge in the US, details the mechanics of BBVA’s internal startup practice. If you are a banker looking for a roadmap, look no further.