Sabadell says its funding commitment to early-stage firms amounted to over €90 million, and investment in capital through its investment vehicles BStartup10 and Sabadell Venture totalled €6 million.
As a result, Banco Sabadell has over 2,300 customers who are start-ups, and it invests in the capital of 35 companies.
Banco Sabadell’s entrepreneurial spirit is evident in the bank’s support of 4YFN, the start-ups summit which was created four years ago as part of the Barcelona Mobile World Congress. At this year’s summit, the bank will present 13 start-ups in which it invests.
The Spanish bank has also invited Ethereum prodigy Vitalik Buterin to participate in a blockchain hackathon at the Barcelona event to mentor teams of developers working to produce new models for the application of smart contracts in financial services.
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