The Future of VC and Fintech for Citi

The video discusses Citi Ventures' focus on innovation and entrepreneurship, highlighting its investment strategy in fintech, cybersecurity, and e-commerce. It emphasizes Citi's unique position in the VC ecosystem, leveraging its history and global reach to support startups. The video also covers Citi's approach to blockchain, co-creation with clients, and the D10X program fostering internal innovation. Additionally, it highlights Citi Ventures' commitment to diversity and inclusion, showcasing programs like Cupid to support diverse talent.

What is the primary aim of Citi Ventures' portfolio strategy?

• To focus solely on fintech investments

• To invest in infrastructure and fintech commerce

• To avoid e-commerce investments

• To shift focus every few years

How does Citi Ventures view the role of fintechs in the banking industry?

• As a threat to traditional banks

• As an opportunity for collaboration

• As irrelevant to their strategy

• As a temporary trend

What is the role of Citi Ventures in helping startups scale?

• Avoiding involvement in scaling processes

• Focusing on short-term gains

• Leveraging Citi's history and network

• Providing financial support only

What is Citi's stance on blockchain technology?

• It is a tool to explore multiple use cases

• It is a panacea for all banking problems

• It is not relevant to their operations

• It is too risky to experiment with

What is the purpose of the D10X program at Citi?

• To eliminate internal entrepreneurship

• To focus only on technology-driven projects

• To validate client needs before developing solutions

• To outsource innovation to external startups

How does Citi Ventures ensure diversity in its operations?

• By hiring only from Silicon Valley

• By including diverse perspectives and backgrounds

• By focusing only on gender diversity

• By avoiding diversity initiatives

What is the significance of the Proximity product launched by Citi?

• It simplifies the proxy voting process for shareholders

• It is a new payment system

• It is a blockchain-based currency

• It is a marketing tool for Citi