Investments
21Portfolio Exits
3Partners & Customers
10Santander Bank Web Traffic
Santander Bank Rank
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CB Insights Intelligence Analysts have mentioned Santander Bank in 1 CB Insights research brief, most recently on Mar 9, 2022.
Latest Santander Bank News
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.
Santander Bank Investments Activity
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 | |||||
1/24/2022 | Corporate Minority |
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 | ||
Amount | $375M | $26.06M | |||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 1 | 1 | 1 |
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 | |||
Date | 10/10/2021 | ||
|---|---|---|---|
Exit | Acq - Fin | ||
Companies | |||
Valuation | |||
Acquirer | |||
Sources | 1 |
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 | Acquired | 1 | ||||
11/16/2020 | ||||||
9/29/2020 | Other | |||||
2/24/2020 | ||||||
1/24/2020 |
Date | 8/6/2021 | 11/16/2020 | 9/29/2020 | 2/24/2020 | 1/24/2020 |
|---|---|---|---|---|---|
Investment Stage | Other | ||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acquired | ||||
Sources | 1 |
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 | ||||
10/27/2020 | Partner |
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 | ||
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 . | ||
Sources | 2 | 1 | 1 |
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 | Dell Technologies, TDCI, Andersen, IBM, and Accenture | 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 | Dell Technologies, TDCI, Andersen, IBM, and Accenture | 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 |
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