Banco Santander (NYSE:SAN)
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2 Months : From Oct 2019 to Dec 2019
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 email@example.com; @mxbernhard
(END) Dow Jones Newswires
October 16, 2019 06:10 ET (10:10 GMT)
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