Santander

Iberdrola, BBVA, Santander Close €150M Loan Fully on Blockchain

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Iberdrola, BBVA, Santander Close €150M Loan Fully on Blockchain

Madrid – October 15, 2026 -- Iberdrola, BBVA and Santander have arranged a €150 million syndicated loan whose entire lifecycle is administered on distributed ledger technology (DLT), the first live syndicated facility to be run that way.

Platform handles every stage from execution to maturity

The facility covers execution, disbursement, interest, waivers, repayments, assignments and maturity on a single blockchain-based platform. ioBuilders developed the platform together with BBVA and Santander. Gómez-Acebo & Pombo acted as legal advisers.

The platform also manages interest calculation and notification, principal and fee payments, early repayments, monitoring of financial covenants and information undertakings, certain contractual consents, and transfers of participations between lenders. Authorised participants see all events in real time. The agent bank retains operational control of the financing.

Santander's Getnet Opens Payments Access in 30+ European Countries

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Santander's Getnet Opens Payments Access in 30+ European Countries

Madrid – October 12, 2026 -- Getnet, Santander's global merchant payments platform, now gives multinational merchants, marketplaces and e-commerce companies access to payment services in more than 30 European countries through a single integration.

The launch extends Getnet's footprint beyond Latin America, Spain and Portugal. It targets merchants that must handle multiple payment methods, regulations and technical integrations as European commerce becomes more cross-border.

Getnet Single Entry Point connects merchants to multiple markets through one integration

The infrastructure, called Getnet Single Entry Point (SEP), also provides access to leading local payment methods. These include Bizum in Spain and MB WAY in Portugal, where Getnet operates as a direct member.