For all buzz around cryptocurrency and blockchain technology, surprisingly, the top U.S. banks have not been investing as much in these areas as much as one might have thought. The top areas of interest for the major U.S. banks when it comes to fintech investment is personal finance, according to a report by CB Insights.
In 2017, Goldman Sachs added six new fintechs to its roster which included fintechs like Nav, Better Mortgage and Neyber. CitiGroup, although it invested in only two fintechs last year, still came in second when it comes to number of fintechs in its portfolio with a total of 26.
