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STD Banco Santander, S.A. Sponsored Adr (Spain)

6.10
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Banco Santander, S.A. Sponsored Adr (Spain) NYSE:STD NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.10 0.00 01:00:00

Santander Invests in London-Based Startup Nivaura

27/02/2019 10:54am

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   By Pietro Lombardi 
 

Banco Santander SA's (SAN.MC) fintech venture capital fund is investing in Nivaura, a London-based startup whose focus is on automating the issuance of securities.

Santander InnoVentures is among the investors taking part in Nivaura's $20 million funding round led by the London Stock Exchange Group PLC (LSE.LN), the Spanish bank said Wednesday.

The startup offers a digital investment banking platform for banks and other financial institutions.

"Nivaura has proven its ability to deliver substantial cost reduction and open up new markets for clients that up to now remained unserved," said Manuel Silva Martinez, managing partner and head of investments at Santander InnoVentures.

 

Write to Pietro Lombardi at pietro.lombardi@dowjones.com

 

(END) Dow Jones Newswires

February 27, 2019 05:39 ET (10:39 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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