Tagged: santander innoventures

September 11, 2020 @ 8:52 am By JD Alois  |  

Santander Innoventures is going it alone. The venture capital subsidiary of Banco Santander is being spun off and renamed as Mouro Capital. The new entity is also receiving additional capital from the bank as Santander will double the amount of dedicated funds going from $200… Read More

July 9, 2020 @ 12:50 pm By JD Alois  |  

Upgrade is a consumer online lender and emerging digital bank that recently announced a significant funding round that gave the Fintech a $1 billion valuation. Founded by Renaud Laplanche, this is the second Fintech he has founded that moved into the unicorn realm the first… Read More

June 17, 2020 @ 10:00 am By JD Alois  |  

Upgrade, Inc., has closed on a $40 million Series D funding round led by VC fund Santander InnoVentures – part of the global banking firm Santander Group. The new funding gives Upgrade a valuation of over $1 billion. FT Partners, the top Fintech focused investment… Read More

October 23, 2019 @ 9:58 am By Omar Faridi  |  

London-based Santander InnoVentures recently led an expansion investment round for San Francisco-headquartered Roostify, an online mortgage lending platform. The size of the investment made has not been shared publicly. Established in 2012, Roostify provides an integrated platform that connects customers and lenders in order to… Read More

October 18, 2019 @ 7:22 pm By Omar Faridi  |  

London-based Santander InnoVentures, Santander Group’s venture capital fund focused on financial technology investments, is leading a €35 million (appr. $38.7 million) investment round in Berlin-based CrossLend, a cross-border marketplace lending platform for making pan-European investments. The Series B funding round in CrossLend includes investments from… Read More

September 24, 2019 @ 11:04 am By JD Alois  |  

Digital asset issuance and management platform Securitize has raised $14 million in a funding round led by three big multinational banks: Banco Santander (InnoVentures), MUFG (Mitsubishi’s VC arm) and Nomura Holdings. The investment is a solid recognition of the growing relevance of digitization of securities… Read More

January 21, 2019 @ 4:39 am By Erin Hobey  |  

UK fintech business lender MarketInvoice has raised £26M in new equity funding during a Series-B funding round led by Barclays and Santander’s $200M fintech fund InnoVentures with significant participation from European venture fund Northzone, an existing investor in the company. Technology credit fund Viola Credit, who… Read More

April 17, 2018 @ 11:45 am By Erin Hobey  |  

Santander InnoVentures, the fintech venture capital fund of Santander Group, has invested in the startup Creditas, a leading Brazilian secured lending platform. Creditas is Santander InnoVentures, Santander’s USD 200 million corporate VC fund, first investment in Brazil and second in Latin America. Creditas increased of… Read More

February 15, 2018 @ 12:37 pm By Erin Hobey  |  

Santander InnoVentures, the fintech venture capital fund of Santander Group, has invested in San Francisco-based startup Roostify, specialized in the digitalization of the process of obtaining a mortgage, enabling it to be done even via smartphone. Founded in 2014, Roostify built its enterprise platform with… Read More

September 14, 2017 @ 9:12 am By JD Alois  |  

PayJoy has closed a $6 million funding round with strategic partners who should help PayJoy phone financing further expand internationally throughout Latin America, Asia, and Africa.  The investment was led by Santander InnoVentures, the Fintech venture capital fund of Santander Group, and ITOCHU Corporation, one… Read More

July 14, 2017 @ 7:45 am By Erin Hobey  |  

Santander InnoVentures, the fintech venture capital fund of Santander Group, announced its addition of UK based Pixoneye and Curve and US based Gridspace to its portfolio in the latest round of strategic fintech investments. Pixoneye and Gridspace deepen the fund’s focus in artificial intelligence as… Read More

December 21, 2016 @ 4:20 pm By Samantha Hurst  |  

Santander InnoVentures, the fintech venture capital fund of Santander Group, recently announced its latest portfolio investment was made in Tradeshift, a business commerce and supply chain finance platform. According to Santander InnoVentures, Tradeshift is used by a range of Fortune 500 companies, which includes  DHL and… Read More

December 5, 2016 @ 8:38 am By JD Alois  |  

Santander Group’s global VC fund, Santander InnoVentures, has invested in  business commerce and supply chain finance platform Tradeshift. The investment will be used to further broaden Tradeshift’s capabilities, and grow the ecosystem surrounding its B2B marketplace. San Francisco-based Tradeshift is currently used by a range… Read More