Banco Sabadell's innovation hub InnoCells has joined a $3 million Series A follow-on funding round for Singapore-based artificial intelligence startup Active.AI.
Spain's Banco Sabadell has been demonstrating the use of implanted NFC chips to authorise payments with a wave of the hand.
Open Banking outfit Bud has raised $20 million with the support of Goldman Sachs, HSBC, ANZ, Banco Sabadell and Investec, as well as Lord Fink, the former chief executive of hedge fund Man Group, and 9Yards Capital.
Banco Sabadell's digital business hub InnoCells has made a move into the Mexican market, joining a $6.5 million funding round, led by Ignia and Dalus Capital, for digital payments startup UnDosTres.
Eight European banks have been lauded as among the top 36 corporates across the continent for their engagement with the startup ecosystem.
Amazon's Alexa can now rattle off stock prices for securities listed on the Spanish continuous market thanks to a new skill developed by Banco Sabadell.
InnoCells, the digital business hub of Banco Sabadell, has contributed $10 million to Silicon Valley venture fund Base10.
At the end of September 2018 Banco Sabadell Group's net profit amounts to 247.8 million euros after adjustments due to institutional portfolio sales and extraordinary provisions arising from the TSB migration.
InnoCells, the innovation hub of Banco Sabadell, has acquired Spanish online payments platform PayTPV. Terms of the deal were not disclosed.
Spanish insurance outfit Mutua Madrileña and Banco Sabadell's innovation hub InnoCells have each invested EUR5 million in local venture builder Antai, to contribute to the development of new digital businesses in the fintech and insurtech sectors.
© Finextra Research 2019