Startups

What is the current state of the Fintech sector in Spain?

14 Jun 2019

              Eva Andres

Social Media Specialist

Traditional banking has been changing with the disruptive projects that have emerged both in Spain and worldwide. In fact, Spain is considered the sixth largest financing market, a key power for the consolidation of Fintech companies in our country.

We can highlight 3 main characteristics of these startups:

 

  • They are totally dynamic and flexible companies .
  • They are innovative and implement the latest technological advances.

 

  • They use new strategies in which small investors play a leading role.

Main ways to obtain financing

 

One of the most widely used systems to obtain financing is crowfunding, a form of financing where small and numerous investors finance this type of projects through a technological platform, thus helping entrepreneurs to develop their projects.

There are two types of crowfunding:

 

  • CrowdEquity. It is similar to a traditional investment, as investors are responsible for contributing in exchange for owning part of the company's equity.

 

  • The second modality is based on a loan from the investors to the company in question in exchange for a pre-agreed interest rate.

The best Fintech of 2019

 

Kantox

This startup was founded by Philippe Gelis and Antonio Rami. It is in charge of assisting and offering foreign exchange and international payment management solutions for companies.

Novicap

It was created by three entrepreneurs, Federico Travella, Marc Maciá and Nicolás Overloop. They define themselves as the invoice financing platform of the 21st century and their objective is to simplify invoices.

Captio

It is a platform founded by Joel Vicient, Dan Moser, Lluís Claramonte and Joaquim Segura. They are leaders in the Spanish corporate travel market and facilitate the digitization of tickets and automated extraction of data through a photo taken with a smartphone.

Id Finance

This Fintech was created by Boris Batine and Alexander Dunaev. It is based on data finance for people who have restricted access to banking services. who have restricted access to banking services.

See

This startup was founded by Borja RossellÁlex Lopera and Darío Nieuwenhuis. It is a platform through which you can make online transactions and transactions and payments can be made onlineIt is a platform through which you can make online transactions and payments, and can serve any type of person or business online.

Digital Origin

The company was founded by Rolf Cedestrom, Pascal Pegaz-Paquet and Marta Plana. It is in charge of offering fast online loans and deferment of payments.

Bnext

It is one of the most recent fintechs since it was created by Juan Antonio Rullán de la Mata and Guillermo Vicandi in 2017. They specialize in fully online banking and financial services.

Aticco facilitates the expansion of high-growth startups

 

From Aticco we want to become the place that welcomes the expansion of all those startups that are growing gradually. We want to give them all the facilities that are at our disposal so that each project goes ahead, because the environment is very important for your team to work at ease and move to the second level that we all expect.

To this end, we carry out a customized growth plan that adapts to the needs of each business. In this way, we offer maximum flexibility with the conditions and space that may be needed in the future.

Join us and grow with us!