Banco Santander SAN) said Monday that its Openbank digital platform has taken in more than $2 billion in total deposits in the US as of Jan. 29.
The Spanish lender, which said it launched Openbank in Q4 of 2024, also said it plans to offer additional products, such as certificates of deposits and payments and checking accounts, starting in 2025.
Shares of Banco Santander were down 3.5% in recent premarket activity.