Banco Santander SA’s £100m Bet On British Boffins

Santander’s (LSE: BNC) (NYSE: SAN.US) UK subsidiary has launched a venture capital fund to back financial technology start-ups, but will it really encourage any innovation — and will there be money in it for shareholders?

If you'd like to further research Santander, then check out The Motley Fool's special free report. You'll learn how to dig into banks for yourself, and hopefully avoid paying a premium for the next bank that reaches a too-lofty rating -- simply click here now.

Owain owns shares in Santander.