BBVA Invests $100 Million, Creates BBVA Ventures

BBVA has announced the formation of BBVA Ventures. The initiative will see the bank invest $ 100 million in startups looking to transform the financial services industry. Based in Silicon Valley, BBVA Ventures is already establishing ties with startup firms, incubators and venture capital funds in order to identify possible opportunities and offer insight into the financial industry’s most innovative initiatives.

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