Santander receives €23.6m from Google, first payments under contract signed two years ago

Santander

Alphavalue / Divacons | The Cantabrian bank has already received $25 million (€23.6 million) as the first payments for the contract signed two years ago with Google. The bank granted the US multinational the licence for Gravity, a technology that Santander developed for its own transformation and which Google will now also market to its large corporate clients.

Gravity Framework, whose intellectual property belongs to Santander, is software that makes it easier for companies to migrate applications from traditional technology systems to the cloud.

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