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$100 Million Venture Capital Fund for Fintech Startups via Spain’s Santander Bank

Global investment in fintech ventures has risen over 3 times during the last five years, from less than $930 Mn in 2008 to over $2.97 Bn in 2013, according to a report by Accenture.

On 2nd July 2014, Santander Bank announced that Financial Technology firms (Fin-Tech) will have a new source of investment with the launch of a Venture Capital fund for Fin-Tech Companies from their firm. The bank stated that< ...

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