Santander spins out its fintech venture capital arm while doubling allocated funds to $400 m
Sep11

Santander spins out its fintech venture capital arm while doubling allocated funds to $400 m

Banco Santander has today announced the launch of Mouro Capital, a new, autonomously managed venture capital fund focused on fintechs and adjacent businesses linked with the financial services industry. Mouro Capital succeeds Santander Innoventures and will have $400 million in allocated funds after the bank doubled its current commitment. Mouro Capital will manage the existing portfolio of Santander Innoventures, which was...

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