BBVA has also disclosed its first deals by commiting to two venture capital funds and as part of a $4.05m series B round for SaveUp.
Spain-based bank Banco Bilbao Vizcaya Argentaria (BBVA) has formed a $100m corporate venturing fund focused on financial services start-ups.
BBVA Ventures has also disclosed its first deals by commiting to two venture capital funds and as part of a $4.05m series B round for SaveUp, a US-based savings reward programme, announced in a regulatory filing in July. SaveUp had previously raised $2m.
BBVA, as well as financial services peer Silicon Valley Bank, committed to Ribbit Capital’s $100m debut fund…
