As fintech businesses grow, so do their corporate finance needs, from debt and equity raising to mergers and acquisitions advice. And they can grow very fast indeed. Citi’s fintech team, which brings together its banking knowhow in financial institutions and technology, has been winning mandates.
“Two years ago, Citi decided to invest resources, capability and content in the fintech space,” says Per-Henrik Lewander, the bank’s Stockholm-based head of the financial institutions group (FIG) for Europe, Middle East and Africa (EMEA) corporate banking. “We saw the opportunity to selectively enlarge our target market and selectively – not across the board – invest in new client relationships,” he adds.