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The European Investment Bank (EIB) and Santander España are providing businesses and the selfemployed with a credit line – including EUR 50m of EIB funds – for professional projects improving energy efficiency. This is a pioneering project for the Spanish financial system, developed by Banco Santander in partnership with the EIB and the European Commission.
Santander InnoVentures, the fintech venture capital fund of Banco Santander, today announced an investment in London based startup Nivaura, a regulated fintech company which automates the issuance and administration processes for securities, such as bonds. For this, Nivaura deploys a digital investment banking platforms for banks and other financial institutions. This automation can reduce time to market by as much as 60-80 per cent for certain transaction types, cutting cost significantly.
