Predict your next investment

Santander Bank company logo
Bank
FINANCE | Retail Banking
santanderbank.com

See what CB Insights has to offer

Investments

21

Portfolio Exits

3

Partners & Customers

10

About Santander Bank

Santander Bank, formerly Sovereign Bank, is a wholly-owned subsidiary of Banco Santander, providing banking and financial services from personal to business.

Santander Bank Headquarter Location

Boston, Massachusetts,

United States

+1 877 768 2265

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Santander Bank Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Santander Bank Rank

Research containing Santander Bank

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Santander Bank in 1 CB Insights research brief, most recently on Mar 9, 2022.

Latest Santander Bank News

Santander Bank Raises Its Prime Rate to 4.00%

May 4, 2022

BOSTON–(BUSINESS WIRE)–Santander Bank announced today it has raised its prime rate from 3.50% to 4.00%, effective May 4, 2022. is one of the country’s largest retail and commercial banks with $102 billion in assets. With its corporate offices in Boston, the Bank’s nearly 8,600 employees and nearly 2 million customers are principally located in Massachusetts, New Hampshire, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania and Delaware. The Bank is a wholly-owned subsidiary of Madrid-based Banco Santander, S.A. (NYSE: SAN) – one of the most respected banking groups in the world with 155 million customers in the U.S., Europe, and Latin America. It is overseen by Santander Holdings USA, Inc., Banco Santander’s intermediate holding company in the U.S. For more information on Santander Bank, please visit www.santanderbank.com . Contacts

Santander Bank Investments

21 Investments

Santander Bank has made 21 investments. Their latest investment was in Origis Energy as part of their Line of Credit on May 5, 2022.

CBI Logo

Santander Bank Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/4/2022

Line of Credit

Origis Energy

$375M

Yes

1

4/8/2022

Unattributed

Target Healthcare

$26.06M

Yes

1

2/18/2022

Unattributed

Astra Vehicle Technologies

Yes

1

2/9/2022

Seed

Subscribe to see more

$99M

Subscribe to see more

10

1/24/2022

Corporate Minority

Subscribe to see more

Subscribe to see more

10

Date

5/4/2022

4/8/2022

2/18/2022

2/9/2022

1/24/2022

Round

Line of Credit

Unattributed

Unattributed

Seed

Corporate Minority

Company

Origis Energy

Target Healthcare

Astra Vehicle Technologies

Subscribe to see more

Subscribe to see more

Amount

$375M

$26.06M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

1

1

10

10

Santander Bank Portfolio Exits

3 Portfolio Exits

Santander Bank has 3 portfolio exits. Their latest portfolio exit was DELTA Fiber on October 10, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

10/10/2021

Acq - Fin

1

7/5/2021

Merger

Subscribe to see more

Subscribe to see more

10

6/28/2019

Divestiture

Subscribe to see more

Subscribe to see more

10

Date

10/10/2021

7/5/2021

6/28/2019

Exit

Acq - Fin

Merger

Divestiture

Companies

Subscribe to see more

Subscribe to see more

Valuation

Acquirer

Subscribe to see more

Subscribe to see more

Sources

1

10

10

Santander Bank Acquisitions

5 Acquisitions

Santander Bank acquired 5 companies. Their latest acquisition was Liderança Cobranças on August 06, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

8/6/2021

$99M

Acquired

1

11/16/2020

Subscribe to see more

$99M

Subscribe to see more

10

9/29/2020

Other

Subscribe to see more

$99M

$99M

Subscribe to see more

10

2/24/2020

Subscribe to see more

$99M

Subscribe to see more

10

1/24/2020

Subscribe to see more

$99M

Subscribe to see more

10

Date

8/6/2021

11/16/2020

9/29/2020

2/24/2020

1/24/2020

Investment Stage

Other

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$99M

Note

Acquired

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

10

10

10

10

Santander Bank Partners & Customers

10 Partners and customers

Santander Bank has 10 strategic partners and customers. Santander Bank recently partnered with Revenue Management Solutions on July 7, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

7/22/2021

Vendor

United States

Santander Bank Unveils Enhanced Healthcare Lockbox Solution with Revenue Management Solutions

BOSTON -- -- Santander Bank , N.A. today announced that its Commercial Banking division is collaborating with Revenue Management Solutions , a healthcare remittance provider , to offer an end-to-end receivables lockbox product for its healthcare clients .

2

7/22/2021

Partner

United States

Santander Bank Unveils Enhanced Healthcare Lockbox Solution with Revenue Management Solutions

BOSTON -- -- Santander Bank , N.A. today announced that its Commercial Banking division is collaborating with Revenue Management Solutions , a healthcare remittance provider , to offer an end-to-end receivables lockbox product for its healthcare clients .

1

1/19/2021

Partner

United Kingdom

Santander Universities honoured - York Unlimited, University of York

Santander is committed to supporting higher education as well as local communities across the UK , and we 're proud of our partnership with the University of York , which enables us to work together in providing numerous opportunities to benefit both students and the local community , particularly during this challenging time .

1

12/7/2020

Vendor

Turkey

Subscribe to see more

Subscribe to see more

10

10/27/2020

Partner

United Kingdom

Subscribe to see more

Subscribe to see more

10

Date

7/22/2021

7/22/2021

1/19/2021

12/7/2020

10/27/2020

Type

Vendor

Partner

Partner

Vendor

Partner

Business Partner

Country

United States

United States

United Kingdom

Turkey

United Kingdom

News Snippet

Santander Bank Unveils Enhanced Healthcare Lockbox Solution with Revenue Management Solutions

BOSTON -- -- Santander Bank , N.A. today announced that its Commercial Banking division is collaborating with Revenue Management Solutions , a healthcare remittance provider , to offer an end-to-end receivables lockbox product for its healthcare clients .

Santander Bank Unveils Enhanced Healthcare Lockbox Solution with Revenue Management Solutions

BOSTON -- -- Santander Bank , N.A. today announced that its Commercial Banking division is collaborating with Revenue Management Solutions , a healthcare remittance provider , to offer an end-to-end receivables lockbox product for its healthcare clients .

Santander Universities honoured - York Unlimited, University of York

Santander is committed to supporting higher education as well as local communities across the UK , and we 're proud of our partnership with the University of York , which enables us to work together in providing numerous opportunities to benefit both students and the local community , particularly during this challenging time .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

2

1

1

10

10

Santander Bank Team

132 Team Members

Santander Bank has 132 team members, including current Executive Vice President, Richard Ehst.

Name

Work History

Title

Status

Richard Ehst

Executive Vice President

Current

David Lucas

Capital One, and Royal Bank of Scotland

Chief Operating Officer

Current

Steven Fricano

Chief Information Officer

Current

Joseph Monk

TD Bank Group, Wells Fargo Securities, and Strategic Ventures Group

Chief Information Officer

Current

Tony Moscrop

Citizens Bank & Trust, and Royal Bank of Scotland

Chief Information Officer

Current

Name

Richard Ehst

David Lucas

Steven Fricano

Joseph Monk

Tony Moscrop

Work History

Capital One, and Royal Bank of Scotland

TD Bank Group, Wells Fargo Securities, and Strategic Ventures Group

Citizens Bank & Trust, and Royal Bank of Scotland

Title

Executive Vice President

Chief Operating Officer

Chief Information Officer

Chief Information Officer

Chief Information Officer

Status

Current

Current

Current

Current

Current

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.