Through this landmark agreement, Santander creates a scalable financing facility aimed at supporting Uber’s leading fleet operators across Europe, including in Spain, Germany and Italy
Madrid, 5 May 2026.
Banco Santander, S.A. (SAN SM) and Uber Technologies, Inc. (NYSE: Uber) today announced they have entered into an agreement to support Uber’s top fleet operators’ growth across Europe.
The program has been tailored towards the financing needs of professional fleet operators. By facilitating access to flexible and agile funding, Uber and Santander seek to foster fleet investment and support Uber’s long-term growth strategy in Europe.
The funding scheme will run over a three-year period, with financing deployed in line with fleet-operator onboarding, market demand, risk analysis and other factors in each country. It also provides a stronger foundation for the integration of autonomous vehicle technology, supporting the next generation of urban mobility.
In countries such as Spain, Germany and Italy, high-quality fleet partners are essential to ensuring reliable mobility for riders. In these markets, Uber has built long-term partnerships with leading operators, supporting them with technology, demand generation and operational insights to optimize performance and growth. This experience positions Uber to better understand the evolving needs of fleet operators and to help unlock new opportunities for investment and expansion, while empowering them with seamless access to the capital they need to scale and modernize.
Santander is delighted to support Uber in this next step of growth. By expanding access to financing for professional fleet operators across European markets, this collaboration will support growth and service quality at scale. Uber has built a highly successful platform, and it is great to be working with Dara and his team on this important initiative.
Dara Khosrowshahi, CEO at Uber, commented: “Through this collaboration with Santander, we are expanding access to competitive, scalable financing for fleet operators across key European markets. This initiative will help our partners renew and upgrade their vehicles, operate more efficiently, and continue meeting strong rider demand. It also lays important groundwork for our autonomous vehicle expansion strategy across Europe.”