About Santander PuertoRico
Santander PuertoRico is a company based in San Juan (United States) founded in 1976 was acquired by FirstBank in October 2019.. Santander PuertoRico operates in a competitive market with competitors including Scotiabank, FirstBank, OFG Bancorp, CBiBank and Cooperativa Oriental, among others.
- Headquarter San Juan, United States
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Funding Insights of Santander PuertoRico
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Santander PuertoRico
Santander PuertoRico has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include FirstBank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Commercial banking services are provided to clients in Puerto Rico.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Santander PuertoRico
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Santander PuertoRico
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Santander Puertorico Comparisons
Competitors of Santander PuertoRico
Santander PuertoRico operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scotiabank, FirstBank, OFG Bancorp, CBiBank and Cooperativa Oriental, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Commercial banking services are provided to clients in Puerto Rico.
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| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Commercial banking services are offered by CBiBank in Puerto Rico.
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Provides financial services like savings accounts, personal loans, and online banking.
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Commercial bank
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Santander Puertorico
Frequently Asked Questions about Santander PuertoRico
When was Santander PuertoRico founded?
Santander PuertoRico was founded in 1976.
Where is Santander PuertoRico located?
Santander PuertoRico is headquartered in San Juan, United States. It is registered at San Juan, Puerto Rico, United States.
What does Santander PuertoRico do?
Santander PuertoRico was established in 1976 in San Juan, Puerto Rico, as a commercial bank serving the financial needs of local businesses and individuals. Operations are centered on deposit accounts, lending, and payment processing, with branches distributed across the island to ensure accessibility. The institution functions within the banking sector, adhering to regulatory standards while supporting economic activities in the region.
Who are the top competitors of Santander PuertoRico?
Santander PuertoRico's top competitors include Scotiabank, FirstBank and CBiBank.
Who are Santander PuertoRico's investors?
Santander PuertoRico has 1 investor. Key investors include FirstBank.