Santander Follows Goldman Sachs With Bet on Berlin Fintechs

  • Spanish lender leads funding round for Berlin-based CrossLend
  • Goldman Sachs invested twice in financial startups since May

Photographer: Krisztian Bocsi/Bloomberg

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Berlin-based fintech firm CrossLend has found a new prominent investor in Banco Santander SA.

The Spanish lender is leading a 35 million euros ($39 million) funding round for the digital debt market place, it said in a statement on Wednesday. The investment is set to help CrossLend to enter new markets.