Imp Consulting Blog We’ve Seen this Movie Before: State Street Buys CRD (i.e. Independent FinTech Gets Bought Out by Big Institution)

Ever been 10 minutes into a movie when you at each other with that “did we see this already expression?”   Then the guy with the sunglasses gets back in the car and---right--the explosion fills the screen. “Yep, we saw this before.”  That’s partly due to Netflix and Amazon, but partly due to the nature of things.  After a while, most movies seem to be repeats, remakes or sequels.  Such is life. We now have an independent fintech firm bought out by much older, much larger firm.   We’ve all seen this movie before, but the genre depends on your perspective…