BPCE also plans to offer Fidor's proprietary digital banking platform, which facilitates banking through application programming interfaces, as a white-label service.
Also, earlier this year, BBVA spun out its venture-capital arm into Propel Venture Partners, a stand-alone firm. Since then, Propel led a $7 million investment round in Guideline, a fintech startup focused on 401(k)s, and has participated in several seed funding rounds.
BBVA Acquires Small Business Platform in Finland
Additionally, Comerica provided SigFig with a $7 million credit facility alongside the raise.
Commercial Clients Demand Better Payments Technology