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SAN share (Madrid) Positivo_GB 5.508 | 0.05% | 17:35

Santander InnoVentures, the fintech venture capital fund of Santander Group, announced today an investment in the startup Creditas, the leading Brazilian secured lending platform. This is Santander InnoVentures’ first investment in Brazil and second in Latin America.

Banco Santander today announced the launch of a new international payments service using blockchain-based technology. The service is available to retail customers in Spain, UK, Brazil and Poland, and will be rolled out across more countries in the coming months. The new service, known as ‘Santander One Pay FX’, makes it possible for customers to complete international transfers on the same day in many cases or by the next day. The service also shows them the exact amount that will be received in the destination currency before they make the transfer.