Last year, we really saw the emergence of deep partnerships between banks and fintechs.
Collaboration plays to the strengths of incumbent financial institutions, tapping into a bank’s institutional knowledge, experience, and know-how of managing customers.
It also plays to the strengths of fintech firms, unleashing the power of technology, creativity, and focus on achieving scale.
Bank / Fintech partnerships are happening
Just a few years ago, you could count on one hand the number of real partnerships between banks and fintech companies.
As Tearsheet’s coverage continues to track the convergence of tech and finance, we’re seeing real integrations that go way beyond just connecting APIs or doing a co-marketing direct mail campaign.
The Tearsheet Bank / Fintech Awards
To recognize these partnerships and celebrate the companies behind these creative and impactful tie-ups, we’re launching the Tearsheet Bank/Fintech Awards.
We’re looking to identify the best and most creative partnerships that create value beyond the sum of the parts, that move the needle beyond just PR releases and marketing pitches.
Does your financial institution or fintech have a great story to tell about partnerships? We’d like to hear it.