Banco Santander makes strategic investment of over $6.7m in Sweden-based social payments company.
Spain-based bank Banco Santander has made a strategic investment of more than €5m ($6.7m) in Sweden-based social payments company Izettle, taking its known funding to over $50m.
Ramón Tellaeche, head of Santander Cards at Banco Santander, said: “Millions of small business owners and professionals in the markets where we operate need an alternative to conventional credit card terminals, and simple software to manage and analyze their transactions. We are strongly committed to innovation that satisfies emerging needs of our customers,…
