Italy’s UniCredit is the latest bank to join the fintech funding arena, committing to a $200 million war chest in partnership with London VC firm Anthemis.
UniCredit EVO (equity venture opportunities) will be a dedicated initiative trageting mid-stage startups and follow-on investments in more mature and established fintech businesses, says the bank, as well as early stage digitally native financial services startups working on more pioneering ideas.