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BBVA's FinTech Fund Has Been Increased to $250M

BBVA announced an increase in its financial technology (FinTech) fund to $250M and a partnership with Propel Venture Partners (Propel). BBVA will invest its $250M in Propel’s funds as a limited partner, and Propel will manage the investment independently in a move designed to ensure that the capital continues to be invested in the best digital financial services startups.

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