BBVA’s San Francisco based Propel Venture Partners unit has announced it is to support a new round of funding into Ease – an HR software solution for small and medium sized businesses from the U.S.
06 Nov 2018
To make customers’ lives easier through innovative products and services, Garanti Bankası has revamped its mobile app (Garanti Cep) and website for SMBs. They now provide a completely new user experience tailored to the financial status and needs of each SMB user.
05 Oct 2018
Buenos Aires is currently welcoming the annual summit of the B20, or Business 20, as part of the Argentinian presidency of the G20 in 2018. Over 1,500 representatives of the business community have gathered in the Argentine capital to put forward their recommendations to the world’s main leaders.
27 Jun 2018
A fundamental characteristic of today’s market is the extreme competitiveness with which commercial operations are developed. Business intelligence is key to getting ahead, but until recently in-depth BI development was difficult for small- and medium-sized businesses to adopt. Today, this has changed thanks to data and APIs like PayStats, which can be found in BBVA’s API_Market.
23 Apr 2018
The European Investment Bank Group and BBVA have signed a synthetic securitization to finance investment projects of Spanish SMEs. The agreement will enable the provision of €600 million.
15 Feb 2018
When San Francisco comes to mind, so do connotations of entrepreneurship and innovative thinking. So when BBVA decided to set up a course on entrepreneurship for some of the bank’s best Global Wealth clients, Northern California was its top choice.
05 Jan 2018
17 Dec 2017
Argentina’s small and medium sized enterprises, despite being pummeled by taxes and struggling to access credit, managed to survive the collapse of consumption. Now, they are gearing up to capitalize on the improving economic outlook, thanks to the lending and tax measures that the government will roll out in short to encourage them to invest. Four our of every 10 companies say they intend to do so.
31 Oct 2017
From a small town in Burgos province, the mobile robotics engineering firm ASTI shows that digitization provides an opportunity to restore the fabric of industry.
18 Oct 2017
Alliances between startups and established companies are increasingly used to foment corporate innovation. Entrepreneurs and executives offer us the keys to building a successful relationship.
11 Oct 2017
BBVA Compass has closed a $5 million equity investment in Pathway Lending, becoming the largest investor in Alabama’s effort to build up small businesses in the state’s Appalachian region. Pathway Lending, a Community Development Financial Institution certified by the U.S. Department of Treasury, will operate the state’s new loan fund for small businesses in the 37 counties of Appalachian Alabama.
04 Oct 2017
BBVA’s Group Executive Chairman said that developing the best banking application in the world (according to Forrester) has been a work that “has taken many years.” To get to this point, Francisco González underscored that “the most important thing was when we adopted ‘agile’ work methodologies that allow us to deliver upgrades every three months.” The application helps customers make better financial decisions and manage their financial lives better. Ultimately, he stated, we “want to be the best adviser of our customers.”
02 Oct 2017
In Spain, while large companies and startups are already well aware of the value of data, small and medium-sized businesses are starting to awaken to this notion. In this article we take a look at three dimensions where ‘big data’ can make a substantial difference to boost the prospects of business success across companies of all sizes.
29 Sep 2017
After seven years of negotiations, the Canada-Europe Trade Agreement, CETA, has entered into force provisionally. Under this bilateral agreement, the most ambitious signed to date by Brussels, most custom duties levied on trade flows between both countries will be scrapped.
07 Sep 2017
BBVA has today named B2BPay as the winner of its Open Talent Global Fintech for Companies competition. From hundreds of entries into this specific segment, the team of judges selected B2BPay as their champion because of the way their solution enables SME businesses to grow internationally and trade with greater ease.
21 Aug 2017
Under 30, entrepreneurs and digital. This are the common traits that define the young Europeans chosen by Forbes magazine in its ’30 Under 30′ list. A mobile navigation aide for the visually impaired, a meal kit delivery platform, a t-shirt that allows users to peek inside the human body, a nightlife finder in London… Many tech-related projects that deserve special attention. Here we take a look at a few of them.
11 Aug 2017
Garanti Bank believes that for any economy to achieve further growth, the participation of women in the labor force is crucial. Women must be encouraged to be entrepreneurs, and women- owned businesses must be supported. Garanti took action in 2006, becoming the first private bank to define women entrepreneurs as a separate client segment. “To empower women entrepreneurs”, Garanti Bank has had a sustainable Women Entrepreneurs program over a decade. In this respect, the activities focus on four core areas; access to finance, encouragement, education and penetrating new markets.
09 Aug 2017
Every year, BBVA Open Challenges proposes a number of challenges aimed at finding solutions to the challenges identified in different areas of the bank. The registration phase for two new editions of this contest will open in August: Challenge F4C, covering proposals to transform the relationship between banks and customers; and Challenge Global Trends, which seeks to transform the trading of tomorrow through augmented reality and intelligent algorithms.
19 Jul 2017
BBVA Research places Spain at 30th in the digitization ranking of 100 countries, an intermediate position behind nations such as Germany or France, but ahead of other southern European countries like Italy or Portugal. However, Spain “is much better prepared for the Fourth Industrial Revolution than it was for the previous ones,” says Rafael Doménech, head of Macroeconomic Analysis at BBVA Research.
29 Jun 2017
23 Jun 2017
20 Jun 2017
A bevy of recent awards and recognitions for BBVA Compass has shined the spotlight on the bank’s Corporate, Commercial and Small Business operations, highlighting the bank’s elite solutions for its wide range of clients.
13 Jun 2017
Funding is one of the biggest challenges that entrepreneurs face when launching their own company. And getting it is not easy. But now, Trust·u, a new SME-oriented financing model, aims to help recently created companies overcome this hurdle by offering loans to startups that are able to convince relatives and friends to support them.
06 Jun 2017
The European Investment Bank (EIB) and the European Investment Fund (EIF) have agreed to provide BBVA with a €143 million mezzanine guarantee facility to support investment projects for Spanish SMEs. The operation will allow BBVA to offer up to €1 billion in SME funding. The agreement, which has secured backing from the Investment Plan for Europe (also known as the ‘Junker Plan’) was signed today in Madrid by EIB Vice-President Román Escolano and BBVA CEO Carlos Torres Vila.
A total of 87 entrepreneurs from five countries have been selected to participate in BBVA Momentum 2017, the most global edition of BBVA’s program of social entrepreneurship. The selection was made from among a total of more than 700 candidates from Spain, Mexico, the United States, Colombia and Turkey.
29 May 2017
The European Union has finished the first half of its match to create a common capital market among the 27 EU member states. But there’s still a second half ahead, with obstacles such as how to continue the project without the United Kingdom.
22 May 2017
BBVA Compass has spent the spring covering markets in its footprint with promotional campaigns promising special offers and family-friendly fun, and it won’t stop until every branch has been covered.
18 May 2017
The B20 -a forum made up by companies from G20 countries– plays a key role as a liaison between governments and the economy. It is “an essential link between the real economy and the authorities that have regulatory powers over that economy,” says José Manuel González-Páramo, Executive Board Director of BBVA. Companies also act as drivers of economic growth and inclusion. For this reason, the B20 “is crucial at this point in time.”
09 May 2017
Virtual Reality has been stealing the show until now, but Augmented Reality is on the brink of becoming a huge business. Success stories such as Pokemon Go and Snapchat have shown the technology’s potential, causing Facebook to spring into action.
08 May 2017
03 May 2017
BBVA has a notable presence at the B20 summit being held in Berlin. “Digital finances are making the financial inclusion of SMEs possible,” said BBVA’s Executive Director José Manuel González-Páramo during his presentation on Tuesday. Joining him in the discussion was German Finance Minister Wolfgang Schäuble.
01 May 2017
BBVA Compass has once again partnered with the Houston Dynamo to host the second-annual “The Pitch” small business competition, as part of National Small Business Month.
20 Apr 2017
More than 600 entrepreneurs from Spain, Mexico and the United States have signed up to participate in the sixth edition of BBVA Momentum, BBVA´s support program for social startups. The registration phase ended on April l16 and the selection period has now begun. On May 22, the names of all the entrepreneurs selected in each country will be announced.
31 Mar 2017
No matter how good an idea or wonderfully designed a project are, without relying on the right collaborators, mentors and entrepreneurs, success is likely to remain elusive for entrepreneurs. Five years ago, Momentum started nurturing an ecosystem that has continued to grow ever since, bringing participants together and promoting collaboration and synergies.
30 Mar 2017
There are around 170,000 small and medium sized enterprises (SMEs) in Uruguay. They create more than 60% of jobs and are responsible for more than 40% of the industrial, trade and services sectors’ production. The importance of this sector for the country’s economy has led BBVA Uruguay to join the regional project ‘Camino al éxito’ (‘The Road to Success’), a program integrated in the BBVA Group’s Responsible Business Plan. The main goal is to increase the number of SME customers.
10 Mar 2017
08 Mar 2017
Wanted: entrepreneurs, CEOs, mathematicians, scientists. The fintech world needs more female talent. This is the irrefutable conclusion of the many different studies on the subject. Experts say it isn’t simply a question of numbers. There are also much more profound factors that could benefit industries such as the fintech sector. Given their influence in the global economy, women can help develop specific products and solutions for needs that have not yet been identified, or sufficiently explored.
02 Mar 2017
01 Mar 2017
27 Feb 2017
13 Feb 2017
How to solve the low interest rate issue? BBVA today announces the launch of a new competition aimed at finding a solution to a worldwide banking issue facing both investors and customers alike.
08 Feb 2017
Aquilino Peña is one of the founders of the venture capital fund Kibo Ventures. Over the next five years, they are planning to invest around 80 million euros in the most promising startups in the market, such as Vilynx, a company based in Barcelona and Palo Alto that hopes to compete in the world of videos against the all-powerful IBM.
01 Feb 2017
20 Jan 2017
BBVA’s Global Executive Chairman says that the global financial system will experience a major overhaul that will drastically reduce the number of institutions from the current 20,000 to no more than a few dozen players. “BBVA will be one of them,” he indicated, adding that, “BBVA wants to be a truly digital house.” He also recalled that it’s important to “master the exponential technologies such as the cloud, AI, and big data” in order to be a player in this new league.
30 Dec 2016
Over the past twelve months, the most promising startups in the fintech universe garnered a lot of attention from the media and from investors’ money. Titans across all sectors are gearing up to become the leaders of the new era.
07 Nov 2016
It may seem simple to start a successful crowdfunding campaign. However, several different factors are important to keep in mind in order to be successful, which can be summarized as work and strategy. The directors of various platforms helped us to break down these elements.
04 Nov 2016
How did the sharing economy become a phenomenon? The initial idea – communities that share resources to improve services and limit the environmental impact of their actions – has evolved and reemerged in recent years thanks to the success of startups such as Uber, Airbnb or Taskrabbit. We asked some experts to help us understand why.
13 Oct 2016
Over the past five years, media hype over these concepts has led to the success of numerous projects… but also completely the opposite. Knowing how to distinguish the financial terms is a good idea to access financing with the minimum security necessary to be an entrepreneur.
10 Oct 2016