Santander's VC Fund Invests in Online Mortgage Startup Roostify

Date : 02/15/2018 @ 4:47PM
Source : Dow Jones News
Stock : Banco Santander, S.A. Sponsored Adr (Spain) (STD)
Quote : 6.1  0.0 (0.00%) @ 5:01AM
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


(END) Dow Jones Newswires

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

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

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