Santander Boosts Small Business Offering with Albert Acquisition

Santander Group has announced the acquisition of Albert, the invoicing and expenses app for freelancers and micro-businesses. Albert has developed a loyal following amongst freelancers and micro enterprises, providing smart invoicing and expense tools that reduce the time their self- employed customers spend on financial admin.

The deal brings together the financial services capability of Santander Group with the invoicing and expenses customer experience of the Albert app. The bank says that Albert’s customers will benefit from access to a wider range of products and services being developed to support the self-employed and micro businesses.