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Venture Capital, Fintech, and the ARKF ETF Many investors don’t emphasize how venture capitalists allocate cash, but those involved with fintech and the A recent report on VC spending confirms these high-level investors are enthralled with fintech, indirectly confirming a potentially compelling scenario for the actively managed ARKF. “Consider that if you annualize Q1’s pace of global fintech VC investments you get $91 billion, which is more than the market cap of Bank of New York (NYSE:BK) and State Street (NYSE:STT) combined,” DataTrek’s Jessica Rabe writes in a note. “It is also about 75 pct of American Express’ (NYSE:AXP) market cap, or 60 pct of Citigroup’s (NYSE:C) valuation. VCs clearly see a very large opportunity in financial services, and they’re moving quickly to disrupt the sector.” ....