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February 11, 2016 02:03 pm GMT
BBVA — the Spanish banking giant that acquired Simple in the U.S. and last year made a $128 million investment in still-stealthmobile-only bank Atom in the UK — is changing up how it plans to invest in fintech startups in the future. The company is shutting down its in-house venture arm, BBVA Ventures; and itis taking BBVA Ventures’ portfolio, the$100 million fund it… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Y4yXVsYUQVE/
BBVA Shuts In-House Venture Arm, Pours $250M Into New Fintech VC Propel Venture Partners
BBVA — the Spanish banking giant that acquired Simple in the U.S. and last year made a $128 million investment in still-stealthmobile-only bank Atom in the UK — is changing up how it plans to invest in fintech startups in the future. The company is shutting down its in-house venture arm, BBVA Ventures; and itis taking BBVA Ventures’ portfolio, the$100 million fund it… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/Y4yXVsYUQVE/
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