Santander Invests in Digital-Debt Marketplace CrossLend

Date : 10/16/2019 @ 10:25AM
Source : Dow Jones News
Stock : Banco Santander SA (SAN)
Quote : 3.91  0.02 (0.51%) @ 12:59AM
After Hours
Last Trade
Last $ 3.91 ◊ 0.00 (0.00%)

Santander Invests in Digital-Debt Marketplace CrossLend

Banco Santander (NYSE:SAN)
Historical Stock Chart

2 Months : From Oct 2019 to Dec 2019

Click Here for more Banco Santander Charts.
   By Max Bernhard 

Banco Santander SA (SAN.MC) said Wednesday that its InnoVentures fintech venture capital fund took part in a 35-million-euros ($38.6 million) funding round for digital-debt marketplace CrossLend.

The investment round for the Berlin-based startup also included funding from existing investors Lakestar, ABN AMRO Bank NV (ABN.AE), and Earlybird, the bank said.

CrossLend Chief Executive Oliver Schimek said the company is in talks with other banks to become investors in the coming months.


Write to Max Bernhard at; @mxbernhard


(END) Dow Jones Newswires

October 16, 2019 06:10 ET (10:10 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

Latest SAN Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....

No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts

Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.