Motive Partners, an investment firm focused on technology enabled companies that power the financial services industry, today announced the launch of Motive Labs, a membership-only innovation and investment organization that will support the firm’s mission to back and build the next generation of financial technology.
Motive Partners also announced the founding strategic partners for Motive Labs, including Allied Irish Bank, Bradesco, Emirates NBD, Mastercard & Royal Bank of Scotland. These global banking and payments companies are joining Motive Labs to identify new innovation and investment opportunities; to solve common areas of challenge; to collaborate with financial technology start-ups on new products and services; and to gain access to a network of experts to help them innovate and grow amid continual disruption across the financial sector.
With offices in New York and London, Motive Labs will be led by Alberto Corvo, a Founding Partner at the firm and a former Partner at PwC.
Motive Labs enables high cadence, strategic innovation and investment with our global partners, helping them to take advantage of rapid technology transformation, evolving customer demands and new regulatory directives,” said Alberto Corvo, Founding Partner. “I am honored and delighted to announce our partners, all of whom are already recognized as leaders in financial technology innovation. We seek to augment and extend their existing capabilities and achievements and look forward to building the next generation of financial technology together.
The establishment of Motive Labs represents an important step in the development of the Motive Partners platform, furthering our ability to provide capital, expertise and connectivity to the industry,” added Rob Heyvaert, Motive Partners Founder. “Motive Labs and our partnerships with these leading global financial institutions furthers our mission to be a catalyst for creating value across the financial services industry.