Search Results for "Santander InnoVentures"
3 results for "Santander InnoVentures"
Deals 3
Santander Spins Out Mouro Capital With $400M for Fintech Investments
Banco Santander spun out its fintech venture capital arm Santander InnoVentures into an independent entity called Mouro Capital, doubling allocated funds to $400 million. Mouro Capital will invest in fintechs and financial services businesses globally. The move gives the fund greater operational independence while maintaining Santander's backing.
Santander InnoVentures Invests in Latin American SME Lender a55
Santander InnoVentures, the venture capital arm of Santander Group, invested in a55, a Latin American alternative SME lender. The investment supports a55's mission to provide liquidity solutions to recurring revenue companies in Brazil and Mexico. This deal exemplifies the bank-fintech partnership model where traditional banks back embedded lending fintechs.
Curve Raises $55M Series B to Expand Card Consolidation Platform
London-based over-the-top banking platform Curve raised $55 million in a Series B round at a $250 million valuation. The round was led by Gauss Ventures with participation from Santander InnoVentures and others. Funds will support European expansion, new features, and a planned 2020 U.S. launch.