Santander Innoventures

Payments funding round-up: 12 September 2017

Pineapple Payments announced a $35 million equity investment for its merchant-focused payments technology, PayJoy snagged $6 million while B2BPay won BBVA’s Open Talent Global Fintech for Companies competition.

Santander InnoVentures gets another $100m for fintech investment

Santander InnoVentures, the fintech venture capital fund of Santander Group, has secured a further $100 million in funding from the group’s balance sheet. Launched in 2014, Santander says the fund is now set to deploy a total of $200 million (up from the $100m originally allocated) in minority stakes in fintech start-ups. Santander says this […]

Coming in from the cold

Fostering innovation in financial technology has become a much more collaborative affair: global banking giants are courting small technology start-ups in the hopes of gaining a competitive edge in financial services …