Alloy Partners and The Huntington National Bank announced the launch of a new corporate venture studio designed to accelerate the development of transformative ventures shaping the future of finance and technology.
The studio will focus on building new ventures across fintech, payments, financial experiences and beyond reimagining how individuals and businesses interact with their money. From everyday transactions to life’s pivotal financial moments, the goal is to create intuitive, empowering experiences that meet customers where they are and evolve with their needs.
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“We’re entering a new chapter where the most forward-thinking corporations are becoming builders,” said Elliott Parker, CEO of Alloy Partners. “This venture studio is not just about launching new businesses, it’s about embedding innovation deep into the DNA of Huntington’s growth story. Together, we’re creating a repeatable engine to turn bold ideas into real-world outcomes.”
The collaboration will help Huntington evaluate and develop ideas for new growth areas, build partnerships with founders and entrepreneurs and launch ventures that drive value for consumer and commercial customers. The new studio builds on a partnership with Huntington Bank that began in 2024 and has already led to the launch of one new venture.
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“Huntington is doubling down on our technology and innovation investments because it’s not just about keeping pace, it’s about setting the pace,” said Igor Cerc, Chief Enterprise Strategy Officer & Head of Ventures at Huntington Bank. “This studio is another way we’re making our work more successful. We’re acting more like a tech company, attracting the best talent and building solutions that truly move the needle for our customers.”
By combining Alloy Partners’ venture-building expertise with Huntington’s deep domain knowledge and national reach, the venture studio will serve as a launchpad for bold, category-defining ideas that are co-created alongside banking leaders and launched with the agility of a startup.
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“This is where innovation meets execution,” added Alice Liu, Head of Huntington’s Venture Studio. “We’re inviting founders, technologists and visionaries to co-create with us — especially in high-impact areas like payments and wealth management. If you want to build something meaningful with a tech-forward bank, come talk to us.”
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Source: prnewswire