FinTech Glossary

What Is a Joint Venture

A joint venture is a business arrangement in which two or more parties collaborate on a specific project or entity, sharing resources, risks, control, and returns based on agreed terms.

Business Context

Joint ventures are formed when organisations combine expertise, capital, or market access to achieve a common objective.

They are often used for entering new markets, developing products, executing large projects, or sharing operational risk.

Unlike mergers, joint ventures allow parties to remain independent while working together.