Santander completed the investment in Komgo.

Santander, a bank in trade finance, completed the investment in Komgo, a multi-bank trade finance network. Financial terms were not disclosed. "We want to support our clients simplify and digitalize trade finance. Partnering with Komgo means we can automate communications, optimize end-to-end processes, reduce operational risk and deliver the best client experience. In addition, it will enable us to innovate and find synergy in our broad Trade Finance business," Mencia Bobo, Santander Global Head of Trade & Working Capital Solutions.