[2015-10-23] Santander Innoventures Invests in Bitcoin Lending Competitor Kabbag

[jdebunt]

http://digitalmoneytimes.com/santander-innoventures-invests-bitcoin-lending-competitor-kabbage/

It is no secret that even major banks and finance groups will have to start rethinking their business model sooner or later.  The traditional financial ecosystem is bound to get shaken to its core in the next few years, as developers from all over the world are working hard to bring innovation to the world of finance.  Santander Innoventures, who recently invested in Ripple, are keeping all of their options open for now.