The UK-based fund will target startups across the globe within the fintech sector as it seeks to keep abreast of innovations in the space.
Spain-based financial services firm Santander has launched a $100m venture capital fund that will invest in financial technology startups.
The Santander Fin-tech Fund will be based in London but will invest across the world, and Santander will be the sole investor.
Santander plans to invest across four subsectors within fintech: e-commerce and payments, online lending, online investment products, and big data analytics.
The bank has made venture capital investments in the past, most notably, in online payments service Izettle,…
