Silicon Canals
TRENDING
  • Mobility
  • AI
  • FinTech
  • Software & SaaS
No Result
View All Result
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdampartner
  • Events
  • Newsletter
  • Jobs
  • About
    • Partner with Silicon Canals
    • Team
    • Contact
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdampartner
  • Events
  • Newsletter
  • Jobs
  • About
    • Partner with Silicon Canals
    • Team
    • Contact
No Result
View All Result
Silicon Canals
No Result
View All Result

Barclays, Microsoft, Walmart, Cisco-backed Team8 launches Team8 Fintech for founding & scaling fintech companies

Shubham Sharma by Shubham Sharma
September 15, 2020
in News, (Crowd)funding, COVID-19, FinTech, Startups
0
Barclays, Microsoft, Walmart, Cisco-backed Team8 launches Team8 Fintech for founding & scaling fintech companies
27
SHARES
LinkedInTwitterWhatsAppFacebook

Multiple sectors were heavily affected by the coronavirus pandemic. While some sectors observed a lull period, others recorded heavy user interest, and fintech, as a sector, falls into the latter category. Fintech companies have been doing notably well ever since the coronavirus pandemic began, which could be attributed to the fact that most transactions and services can now be availed online. 

To help more fintechs thrive, global venture group, Team8 has launched Team8 Fintech, a practice focused on founding and scaling fintech companies. This venture group specialises in enterprise technologies, data, AI and cybersecurity and is backed by the likes of Barclays, Microsoft, Walmart, Cisco.

 - Partner content -
Cost of software - The Software house
The cost of building software
Marek Gajda, CTO of The Software House, shares his insights on building high-quality...Show More
Marek Gajda, CTO of The Software House, shares his insights on building high-quality software. Show Less
Read more

Going beyond idea, capital and tech

Team8 aims to aid in the creation of both B2B and B2B2C companies that can empower industry players with new technologies and new business offerings. The venture believes that depending on merely good ideas, capital and superior-tech is not enough in the world of financial services. As per Team8, a venture should be about coaching, support and the environment to breed innovation.

Some impressive personnel are spearheading the Team8 venture. The list includes Ronen Assia, founder of social trading network unicorn eToro, Yuval Tal, founder of digital payments unicorn Payoneer, Rakefet Russak-Aminoach, creator of Israel’s first and only neobank Pepper, and Galia Beer-Gabel, who held senior roles for PayPal internationally. 

“The financial industry is facing a perfect storm, with inevitable changes and advancements already underway. Understanding the challenges and complexities of incumbents or other enterprises to innovate from within, my passion is to build the type of companies I would have wanted to collaborate with in my previous role as CEO of a bank. I see great opportunities in leveraging new technologies to completely reinvent financial services, drive efficiency and improve customer experience,” says Rakefet Russak-Aminoach, Founder of Team8 Fintech. 

Accelerating your path to success

Team8 claims to deliver deep domain expertise for creating and investing in companies specialising in enterprise technology, cybersecurity and fintech. The venture group will leverage its “Team8’s signature foundry model of company building” and ideate new solutions to address existing problems and target opportunities for relevant audience. 

It is also set to partner with ‘exceptional’ entrepreneurs to co-found new companies, while providing domain expertise and company-building capabilities to mitigate the complexity of building companies in a highly regulated and fragmented market. Its resources are referred to as the Team8 Village, which is said to be an extensively rich ecosystem of corporate executives and investors. This insight and resourcefulness, the venture claims, will accelerate a new company’s path to success. 

“We’ve been incredibly impressed by Team8’s approach and track record, and feel they are the ideal partner to help think through some of the challenges and opportunities we all face,” says Ben Davey, CEO of Barclays Ventures.

Main image credits: Shutterstock

close

Want to stay on top of the latest rounds, coolest tech and hottest startups?

Subscribe to our free, daily news blast and stay up-to-date!

Check your inbox or spam folder to confirm your subscription.

 - Partner content -
Nebula CTO Andre Witte
Cloud spend management 😱
Tracking cloud spend can be tricky. Learn from Nebula's CTO Andre Witte how to keep the...Show More
Tracking cloud spend can be tricky. Learn from Nebula's CTO Andre Witte how to keep the costs at bay in 2021. Show Less
Read more
Tags: featurednews
Share2Tweet7SendShare11

Featured events

07apr10:0012:30FeaturedWorkshop: pr for startupsHow to grow your startup with the help of public relations

Partner content | Work with us

Future Hamburg Award: Looking for the best startups to forge the city of the future

The Humblebrag launches online course to help emerging leaders amplify their visibility and voice

Blue Tulip Awards announce 5 finalists in the Food & Water and Education & Employment theme

Impact media foundation 5 Media offers grants up to €100,000 per year to drive a sustainable future

Here’s how cryptocurrency will take over the world

Breaking news from Amsterdam | Partner

Amsterdam’s Crisp raises €30M: Here’s what this online-only supermarket plans to do with this capital

Amsterdam-based Tellow’s parent company raises €60.2M: An interview with Thomas Vles, Tellow’s new CEO

Amsterdam-based fast-charging startup Fastned charges itself with €150M through accelerated bookbuild offering

Amsterdam-based Founda Health raises €12.3M to build infrastructure for global healthcare sector; here’s how

  • About Silicon Canals
  • Partner with Silicon Canals
  • Contact us
  • Newsletter
  • Disclaimer
  • Privacy policy
  • Terms & Conditions Silicon Canals

Silicon Canals 2014-2020 | Website: Bright Idiots

No Result
View All Result
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdam
  • Events
  • Newsletter
  • Jobs
  • About
    • Partner with Silicon Canals
    • Team
    • Contact

Silicon Canals 2014-2020 | Website: Bright Idiots

X

This website uses cookies to ensure the best possible experience. We may share this information with our advertising and analytics partners. By clicking 'Accept', you agree to our use of cookies and similar technologies. More info