Innovation
Innovation
Casafari, one of Europe’s most prominent real estate software platforms, has signed a €5 million venture debt deal with BBVA Spark. It is BBVA’s first financing arrangement with tech firms in Portugal. The agreement benefits from the support of the European Union and the European Investment Fund under the InvestEU Fund program.
Financial and commercial services
Garanti BBVA’s new payment and e-money platform, TAMİ, brings a whole new dimension to e-commerce and payments
Garanti BBVA has launched a new payment and electronic money service, TAMİ, to bring fresh innovation to the rapidly evolving world of e-commerce and digital payments.
Since it took its first steps in Switzerland 50 years ago, BBVA’s Swiss subsidiary has managed to build an outstanding international private banking franchise. Thanks to its client-centric business model and relying heavily on technology as a key driver of financial transformation, the bank continues to lead an industry increasingly dominated by innovation and digital assets.
After training more than 50,000 employees in data, BBVA is now busy developing a new program, this time alongside the University of Navarra and focused on the use of tools such as ChatGPT. The aim is to boost productivity by optimizing efficiency in decision-making and daily operations. The program is part of a partnership agreement to train bank employees in data science and new emerging technologies.
BBVA Asset Management (AM) has launched a pilot project capable of applying blockchain technology to asset management, in line with its strategy of harnessing innovation for the benefit of its clients. To succeed, it has registered a short-term fixed-income ‘tokenized’ investment fund through the regulatory sandbox of the Spanish National Securities Market Commission (CNMV).
Garanti BBVA Kripto aims to provide the highest standards in terms of performance, security, and customer trust for digital assets. It does so by establishing strategic partnerships with Ripple for the services provided by its subsidiary; and with IBM for secure custody solutions for its crypto asset trading platform, which serves more than 14,000 users.