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)

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