January 07, 2020

BBVA Engages in a Partnership with Amazon

January 07, 2020/ Financial Revolutionist

Spanish Bank BBVA is embarking on a partnership with the e-commerce giant Amazon to sell “recycled aprons, tote bags, and pouches“ in conjunction with a Michelin-rated restaurant that creates these products.

Could this be just an initial foray for BBVA to start selling financial products on Amazon? BBVA has long been one of the most tech-forward banks. It acquired early digital bank pioneer Simple in 2014 and has been one of the early adopters among financial services of APIs and experimenting with open banking. This will be one to watch in the months ahead.

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The Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.

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BBVA Engages in a Partnership with Amazon

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