Santander InnoVentures backs German credit scoring and personal finance app Bonify
(WorldNews Spain)

Madrid/Berlin, 13th November 2018 - Santander InnoVentures (SIV), Santander Group`s fintech venture capital fund, leads the latest funding round of German alternative credit scoring and personal finance recommendations app, Bonify. This is SIV`s first investment in Germany and adds to the other 21 fintech investments to date in SIV`s global portfolio. Bonify evaluates consumers real-time creditworthiness, enabling users to improve their financial wellbeing through tailored, in-app financial and non-financial recommendations. The app delivers recommendations through smart nudges, prompting consumers to save money by switching to a different loan or energy provider, among others....