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HBS talks to our own Brooks Gibbins and some of the other leading names who have helped put NYC on the fintech map whilst also exploring what its ascent can teach other cities.
That opened the field to nimbler startups with innovative ideas, says Brooks Gibbins (PMD 77, 2002), a software developer-turned-entrepreneur-turned-venture capitalist who in 2013 cofounded New York–based FinTech Collective, which provides early-stage funding for fintech startups. (FinTech Collective led the Series A financing for Quovo.) This opening resulted in what Gibbins describes as a gradual externalization of R&D at the major firms.
https://www.alumni.hbs.edu/stories/Pages/story-bulletin.aspx?cid=alumninews-june2018b&num=6641
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