Santander's VC Fund Invests in Online Mortgage Startup Roostify

Date : 02/15/2018 @ 11:47AM
Source : Dow Jones News
Stock : Banco Santander, S.A. Sponsored Adr (Spain) (STD)
Quote : 6.1  0.0 (0.00%) @ 2:05AM
Banco Santander share price Chart

Santander's VC Fund Invests in Online Mortgage Startup Roostify

Banco Santander (NYSE:STD)
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By Alberto Delclaux 
 

Banco Santander SA (SAN.MC) said Thursday that its fintech venture-capital fund, InnoVentures, had invested in Roostify, a startup that specializes in online mortgages.

The San Francisco-based startup on Thursday closed a financing round of $25 million dollars, Santander said. The size of InnoVentures' investment wasn't disclosed.

Roostify enables customers to obtain mortgages digitally, including smartphones, the bank said.

 

Write to Alberto Delclaux at alberto.delclaux@dowjones.com

 

(END) Dow Jones Newswires

February 15, 2018 11:32 ET (16:32 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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