Santander Readies Digital-Banking Platform for U.K. Businesses

Banco Santander SA is working on a digital financial service for small and medium-sized companies in the U.K. as it expands the range of products it offers in its third-biggest market. “We are excited by the opportunity to help more SME’s to prosper and look forward to sharing more about the platform soon,” the Santander, Spain-based lender said in an emailed statement. Santander is boosting the range of products it offers in the U.K., where mortgages still make up the bulk of a business that contributed 13 percent of first-quarter profit for Spain’s biggest bank.