Fifth Third partners with venture capital firm to boost fintech innovation

Story excerpt provided by Dayton Business Journal.

Written by Steve Watkins.

Fifth Third Bancorp has made another in a series of moves aimed at increasing its strength in the emerging area of financial technology.

Fifth Third (Nasdaq: FITB), the largest locally based bank in the Dayton region and the nation’s 13th biggest, has formed a partnership between its Fifth Third Capital Holdings unit and Alexandria, Va.-based QED Investors. The latter is a venture capital firm that specializes in investing in high-growth financial technology startups.

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Originally published January 24, 2017.

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