05:10 AM EDT, 05/05/2026 (MT Newswires) -- Banco Santander (SAN) and Uber Technologies (UBER) have agreed to launch a scalable financing platform of up to 1 billion euros ($1.17 billion) to support fleet operators across Europe, the companies said Tuesday.

The funding scheme will run for three years and provide financing to fleet operators in Spain, Germany and Italy, supporting vehicle investment and expansion, according to the companies.

The financing platform could also support the integration of autonomous vehicle technology over time, Banco Santander and Uber Technologies said.

Shares of Banco Santander were 1.2% higher in Tuesday premarket trading, while Uber shares were 0.6%

Uber Technologies

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65,00

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Banco Santander SA

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10,25

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Banco Santander Chile ADR

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29,79

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Banco Santander ADR

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12,13

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Banco Santander Brasil ADR

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5,70

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−2,23%
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