Investment in infrastructure is crucial for sustainable growth and development inclusion. However, in Latin America there is a gap between supply and demand for such projects, both in terms of physical and digital infrastructure. To offset this lack of investment, private financing needs to be encouraged.
01 Jun 2018
After receiving all necessary approvals, BBVA has completed the £85.4m investment into Atom, announced in March this year. With this transaction, BBVA increases its stake in UK’s first bank built exclusively for smartphone or tablet to 39%.
25 May 2018
Maria Holmes has seen quite a lot in her career, starting off as a stock broker and working in the financial industry for the past thirty years.
14 May 2018
The very concept of venture capital makes clear the possibility of losing everything invested in projects that don’t go ahead. However, there are investors with an almost flawless track record. Who are they?
03 May 2018
18 Apr 2018
The fintech sector attracted $31 billion dollars in investment last year, with growth in the sector underpinned by venture capital, accelerators and consolidated companies. BBVA maintains an active strategy of investment, acquisition, tie-ups and the incubation of new companies in the sector.
17 Apr 2018
BBVA to invest $50 million into Sinovation Fund IV, a Chinese venture capital fund run by Sinovation Ventures and led by Dr. Kai-Fu Lee.
21 Feb 2018
20 Feb 2018
Alfonso Gómez joined the BBVA Group in 1994 and was appointed to head the Swiss branch in 2014. Born in Segovia, Spain, he has had an extensive career, holding positions on several continents. Since his arrival at Switzerland, he has been working to develop the best customer experience, based on a high-value offering and next-generation digital tools.
19 Feb 2018
Many people around the world choose to place part of their savings in investments outside their home country, in order to diversify their holdings. That’s why they put part of their capital in international financial centers. Switzerland is one of them.
06 Feb 2018
27 Dec 2017
Putting up a new calendar and starting a new year means taking stock of past achievements and setting new goals. In the area of Responsible Banking, BBVA is ready to take on new challenges, in order to continue making strides in responsible financing, digital transformation, human rights and other important areas.
26 Oct 2017
20 Oct 2017
The objective is not an easy one to achieve: making sure that the products that reach the market are the ones customers need and demand. The task is even more complicated if production must be speeded up, in order to reach the market before the competition. Tech companies were pioneers in facing this challenge; they did so by using agile methods, a way of working that has played a key role in the success of companies like Google and Spotify, and which BBVA has made a fundamental tool in accelerating its digital transformation.
16 Oct 2017
BBVA and BBVA Bancomer are piloting an FX matching application developed by Calypso Technology, a leading provider of cloud based cross asset trading software solutions for the financial markets, and enterprise software firm R3. The application, which runs on R3’s Corda platform and is facilitated by Calypso’s cloud services, has already been used by the two banks to match a test FX trade.
10 Oct 2017
03 Oct 2017
Investors and entrepreneurs will once again come together at the South Summit in Madrid, an encounter that has been a proven success in previous years. BBVA will have a distinguished participation in the event.
27 Sep 2017
In the United States, there are already $20 billion under management by robot advisors and for the moment, the numbers testify to the success. Improving their knowledge of the investor could turn robo-advisors into a financial tool of the first order.
06 Sep 2017
UK Challenger bank Atom is making its first move overseas by beginning to offer savers in Germany access to its products.
The app-based bank, which is part owned by BBVA, has partnered with Deposit Solutions in order to launch fixed-rate products to customers in the country.
31 Jul 2017
BBVA has sold one of the largest loan portfolios in the Spanish market to an affiliate of Cerberus Capital Management, L.P. The portfolio, which has a gross nominal value of nearly 600 million euros, consists of loans from real estate developments distributed throughout Spain, with the largest number in Andalusia, Madrid and Catalonia.
23 May 2017
BBVA is one of the 40 institutions that invested in the financial technology innovator R3, which just completed two of three tranches in its Series A fundraising round. It raised a total of 107 million. With this investment, BBVA seeks to reinforce its commitment to R3, the largest consortium of global financial institutions collaborating to develop an industry platform and commercial applications for DLT.
17 May 2017
BBVA’s has issued perpetual debt eventually convertible into shares at the cheapest price of all operations launched by Spanish issuers for this type of product. The issuing of €500 million of contingent convertible bonds, or ‘CoCos’ (also known as AT1) took place at a very attractive price, with a coupon of 5.875%.
01 May 2017
One of the first projects BBVA Compass pursued after the bank made its $11 billion commitment to low- to moderate-income communities in late 2014 has come online and put 128 low-income Austin families in green homes zoned to some of the area’s best schools.
28 Apr 2017
17 Apr 2017
BBVA is leading the pack in terms of technology applied to finance – from electronic payments in day-to-day transactions with BBVA Wallet, to big data management. But on the horizon has appeared the (pen)ultimate frontier that banks will need to cross, one that has a sci-fi ring to it: the robotization of banking activities.
07 Apr 2017
Senior executives from BBVA got the chance to meet with some of the USA’s most innovative and forward thinking financial technology businesses this week at the first tech summit hosted by BBVA-backed venture capital firm Propel Venture Partners.
BBVA Compass’ investment in a newly constructed affordable housing project in Fort Worth was held up as a model of public and private cooperation last week during a VIP tour of the facility.
BBVA Compass is relying on a variety of vehicles — including $16.3 million in federal Low-Income Housing Tax Credit equity, a $17.2 million construction loan, $5.7 million in permanent debt, $1.2 million from the City of Fort Worth and $700,000 from the City of Fort Worth Housing Finance Corporation — to finance the 140-unit development known as Columbia at Renaissance Square.
23 Feb 2017
The first regulatory sandbox, or testing environment, is already taking its first steps. Rolled out in the UK last year, it has just announced the 18 startups, with projects that range from finance, to debt management, insurtech or blockchain, that have been admitted to take part in the pioneering development program.
10 Feb 2017
A bank’s markets division, also known as its Treasury, is part of its wholesale banking business. It is a highly specialized area that seeks to meet institutional and corporate customers’ investment and risk coverage needs. The retail banking area serves individual customers and also receives support from the markets area to design and manage products and manage the associated risks.
30 Jan 2017
17 Jan 2017
25 Oct 2016
10 Oct 2016
Anthony Thomson, founder of Atom Bank, is absolutely clear about his career goal: He wants to redefine customers’ everyday relationship with money, he wants to improve it. He is aware that the financial sector is in the midst of a revolution marked by an unstoppable wave of disruption. “The first change is that money is data and data are the main product of our business” he said during his address in South Summit, where he unveiled three essential challenges that all companies must face to survive in this paradigm shift.
14 Sep 2016
30 Aug 2016
02 Aug 2016
The recent report, The Business of Financial Inclusion: Insights from Banks in Emerging Markets represents a new endeavor for the Institute of International Finance (IIF). It is based on the insights of 24 executives in charge of financial inclusion, a topic of growing interest.
01 Aug 2016
Propel Venture Partners today announced its investment in a $4.5 million seed round for Brave Software, a startup reinventing the browser as a user platform for speed, privacy and micropayments. The investment is the second in as many weeks for Propel, the independent venture capital firm in which BBVA is the sole limited partner. Propel recently announced it was the lead investor in a Series A round for Guideline, an online 401 (k) platform in the U.S.
19 Jul 2016
Propel Venture Partners, the independent venture capital firm in which BBVA has invested $250 million, has announced that it is the lead investor in a funding round for Guideline, an online 401 (k) platform in the US. The investment, part of a $7 million Series A round, is one of four made by Propel since its foundation in February and the first in which Propel has been the lead investor.
15 Jun 2016
The digital transformation ripples across all areas of the financial system. In the investment portfolio management segment, algorithm based platforms are starting to challenge more traditional advisers. Are they an opportunity or a risk for the ecosystem?
07 Jun 2016
BBVA Bancomer’s outstanding loan portfolio is growing at a rate of 13%, meaning that the financial institution is continuing its support and cover of the credit needs of corporate banking, retail banking, and SMEs and consumer finance, thus underpinning economic growth.
01 Jun 2016
Peer-to-peer (P2P) lending platforms, also referred to as alternative lending, came into being a decade ago in order to make traditional financial industry services more available to the ordinary citizen.
Since then, the sector has entered a phase of permanent transformation, and the initial idea to “steal” lending business from banks has given way to another concept: partnerships. The sector has now partnered with banks to reach persons with few possibilities to obtain loans due to lack of a credit history or other limitations.
19 May 2016
The financial sector is the biggest investor in technology. But to be able to continue doing so and increase that competitive advantage it must be up to date. The event on computing technologies in the financial sector held at the BBVA Innovation Center in Madrid addressed the different technological paths that the financial ecosystem needs to follow to make the most of innovation.
11 Mar 2016
Speaking to the media minutes before BBVA’s Annual General Meeting, held today in Bilbao, Francisco González went over some of the key points of the Group’s performance in 2015 and shared his insights into the Spanish and global economic context.
09 Mar 2016
Once again, a bond issue by BBVA in the debt market has been very well received by investors. This morning, the bank completed the issue of a 1.25 billion mortgage bond. High demand, which soared past the €2.7 billion mark, has allowed the company to go to the market at very competitive prices.
19 Feb 2016
Latin America’s economy, taken as a whole, is set to contract 0.9% in 2016, dragged by Brazil’s recession. According to BBVA Research’s Latin America Situation report corresponding to the first quarter of 2016, the region’s economy is expected to start gaining momentum in 2017, with a growth rate of 1.9%.
17 Feb 2016
BBVA invests in the best digital financial services startups. The bank has announced that it is expanding its Fintech fund up to 250 million dollars and the agreement with Propel Venture Partners (Propel).
In ‘The Telescope’, Ana Munera, Global Equity manager at BBVA Markets Research, explains the causes of volatility in the markets, where investment opportunities lie and how she expects the stock markets to perform in 2016.
15 Feb 2016
Propel Venture Partners (Propel) is a new independent venture capital (VC) firm investing BBVA’s money in the startup companies that are using technology to change financial services for the benefit of the customer. Propel intends to be the go-to VC firm for entrepreneurs looking for a long-term, supportive partners as well as capital. Here are seven things you need to know about Propel: