Capital One bank opens its third and latest startup design laboratory in San Francisco.

Capital One Labs, the innovation division of US bank Capital One Bank, has opened its latest startup laboratory at 101 Post Street, San Francisco, expanding its chain of US labs already established in Washington DC and New York.

Capital One Labs defines itself as “a team of passionate entrepreneurs, re-imagining the way 60 million people interact with their money.”

The laboratory comprises 25 full time employees. The team is expected to partner with venture capitalists, entrepreneurs and academics located in…