The online bank of Banco Santander, Openbank, would be close to starting operations in Argentina. This could happen approximately in July of this year, which responds to a strategy to begin to enter countries such as Mexico and the United States, according to what was mentioned by Colombia Fintech.
The opening of Openbank in Argentina represents an initial investment of more than US $ 1.000 billion, which will be accompanied by added value and state-of-the-art technology to achieve the agility of a FinTech with the guarantee and support of meeting the established requirements. by the banking regulators of Argentina, according to the aforementioned portal.
Likewise, it should be taken into consideration that Openbank already has a presence in Germany, Holland, Portugal and Spain; being in the latter where they already have a million customers. The objective of the online bank is to operate in ten markets in the medium term.