FILED UNDER: FinTech, Venture Capital

Q&A with Jay Reinemann of Propel Venture Partners

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Earlier this year, Spanish bank BBVA shut down its in-house venture arm, BBVA Ventures, and placed the portfolio, the cash remaining from the original $100 million allocation, and an additional $150 million into a new venture called Propel Venture Partners, … READ MORE

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FILED UNDER: Banking, Startups, Venture Capital

What Simple’s Sale Says

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Last week, BBVA announced that it is buying Simple for $117 million. It’s easy to think of reasons why this acquisition appeals to BBVA. It’s not for assets and deposits. Yes, the 100,000 tech-savvy early adopters who’ve signed up for … READ MORE

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