Deutsche Bank of Germany, one of the country’s biggest banks is making plans to partner with tech startups who will develop technology for financial institutions.
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Deutsche bank ready to support tech startups
Fintech companies are companies that develop technology that will aid the banking sector and its processes.
Deutsche bank ready to support tech startups.
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Germany’s largest lender says they will be launching tech labs in Berlin, London and Silicon Valley.
Though the bank declined comments at press time, news has it that they will focus on Fintech companies only.
News from our source says this is a move that will help the German bank improve and upgrade its technology procedures.
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Adding that Deutsche Bank will screen 500 Fintech start-ups per year.
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