A+ A A-

Santander launches $100m fintech venture fund

Spanish banking giant Santander has launched a $100 million, London-based fintech venture capital fund as it bids to get in on the ground floor at startups leading the financial services digital revolution.

Santander logo Owned by Santander UK but operating as an independent unit, the fund will look to invest in fintech firms around the world, initially focusing on startups involved in e-commerce and payments, online lending and investing, and big data analytics.

Accenture research shows banks traditionally only accounted for 10% of fintech innovations, whilst VC backed companies have supported 60%.

Finextra logo Read the full article in Finextra: Santander launches $100m fintech venture fund

0
0
0
s2smodern
Subscribe to our newsletter  
Contact Us  

TPL_GK_LANG_LOGIN TPL_GK_LANG_ORRegister

Don't yet have a login? Sign up now!

By logging in and using this site you agree to the membership terms and conditions for Innovators OR for Financial Institutions

Cookies make it easier for us to provide you with our services. With the usage of our services you permit us to use cookies. Privacy Statement
Ok Decline