September 11 - 10:09
11D
Santander launches $400 million fintech fund Mouro Capital
Spanish multinational bank Santander is spinning out its fintech venture capital arm, previously known as Innoventures and now rebranded as Mouro Capital. The fund will still be managed by general partner Manuel Silva Martínez and senior adviser Chris Gottschalk, but it will be more autonomous. Santander will continue to be Mouro Capital's sole investor/LP and will invest $400 million in the VC.
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