Tagged: spain

Funding Circle Stops Originating Loans in Spain

Stop Sign

Following big news of a $100 million funding round, Funding Circle has announced it will stop issuing new loans in Spain. The announcement was posted on the Spanish version site of the SME peer to peer lender noting that it has not offered new loans… Read More

Energy Startup Smalle Technologies Raises €240,550 on Crowdcube Spain

beforcis

Barcelona-based clean energy startup Smalle Technologies, a company that wants to market a wave-powered electricity generator for buoys, has closed a €240,550 investment round on Crowdcube Spain. This is the third funding round for the University of Barcelona spin-off. In total, 157 people invested with… Read More

Ciao Italia! Lendix Expands into Italy

sergio-zocchi

Marketplace lending platform Lendix has landed in Italy. The Paris-based operation has announced the appointment of Sergio Zocchi as CEO.  Lendix said that Zocchi has over 20 years experience in high-tech and finance as he leads the local Lendix team based in Milan. Lendix said… Read More

Clínica Dialibre: Spain’s First Diabetes Youth Clinic Quickly Closes in on CapitalCell Crowdfunding Goal

clinica-dialibre

Clínica Dialibre, the first clinic in Spain to specialize in diabetes for children, opened in March 2016 with the mission of setting a milestone in the treatment of diabetes and improving the young patients’ quality of life by personalizing the treatment for each patient. The Clinica… Read More

Renewable Energy Smalle Technologies Overfunding on Crowdcube Spain; Hours Remaining on Campaign

smalle-technologies

Smalle Technologies has developed the eForcis, an electricity generator especially designed for buoys that culls electricity from the ocean and sea waves. especially designed for buoys. eForcis aims to deliver constant and reliable energy supply leveraging simple electromagnetic principles, studied and tested under challenging marine conditions… Read More

Spanish Bioinformatics Firm Era7 Closes Capital Cell Campaign With Nearly €600,000 in Funds

era7-bioinformatics

Era7 Bioinformatics, a Spanish company that focuses on the revolution of the Microbiome and providing new solutions to address the problem of antibiotic resistance, announced this week it closed its Capital Cell campaign, which raised nearly €600,000 in funding. As previously reported, Era7 Bioinformatics was… Read More

Mobile P2P Payments App Twyp a No-Go in the Netherlands, Will Continue Operations in Spain

mohamed-de-booij

ING plans to discontinue its P2P mobile payments app Twyp in the Netherlands after it failed to gain traction with customers, according to a release. Twyp CEO Mohamed de Booij indicated the decision to close down the service in the Netherlands was made following feedback from Dutch… Read More

Spanish Crowdfunding Platform ECrowd! Raises €307,900 During Second Crowdcube Spain Initiative

euros money europe

Debt-based crowdfunding platform ECrowd! announced this week it has secured €307,900 from 135 investors during its second Crowdcube Spain campaign. The funding portal raised €154,000 from 48 individual investors during its first Crowdcube Spain initiative in September 2015.  Matthieu van Haperen, CEO and co-founder of ECrowd!, stated:… Read More

Designer Shoe Brand Les Chausseurs Finishes Crowdcube Spain Run With More Than €110,000 Raised Funds

les-chausseurs

Barcelona-based designer shoe brand, Les Chausseurs, has closed its equity crowdfunding campaign on Crowdcube Spain. The company secured over €110,000 from more than 70 investors. Les Chausseurs was founded in 2014 with a mission to distribute a limited series (comprised of 12 units) of designer shoes… Read More

Igniting a Microbiome Revolution: Era7 Bioinformatics Syncs with Capital Cell

dr-eduardo-pareja-and-dr-raquel-tobes

This Capital Cell crowfunding campaign is a unique opportunity to co-invest with an undisclosed VC firm in Era7 Bioinformatics, a Spanish company focused on the revolution of the Microbiome and providing new solutions to address the problem of antibiotic resistance. Era7 Bioinformatics uses its own algorithms… Read More

Good Fit: BCN Shoemakers Les Chausseurs Campaign on Crowdcube Spain, Quickly Hits 50%

les-chausseurs

Barcelona-based cobblers Les Chausseurs launched their crowdfunding campaign on Crowdcube Spain earlier last week and have already taken in more than 50,600€ of its 90K€ objective from over 27 investors. 20% equity is being offered. “I chose Crowdcube for several reasons; first, because its team explained the… Read More

P2P Lender Viventor Says Average Monthly Growth Stands at 60%

andris-rozenbahs

Finstar backed peer to peer lender Viventor has released a statement saying it is experiencing 60% average monthly growth during its first year of operation. The online lender launched in October 2015.  The company also shared that initial results after launch in 2015 were disappointing but said… Read More

¡Aprobado! MytripleA CEO Anton Discusses Additional CNMV Authorization

Sergio Anton

This month the Spanish financial regulator Securities Exchange Commission (CNMV)  authorized MytripleA as a Platform for Participatory Financing, the formal name for a crowdlending platform. This is one of the first actions to implement Law 5/2015 Promotion of Corporate Financing. “Alternative financing is growing rapidly in… Read More

Finnovista: Spanish Fintech Sector Has Quadrupled in Three Years

barcelona, spain

When Finnovista first covered Spanish fintech in 2013, the site recorded only 50 startups in the sector; now, three years later, in its first edition of Fintech Radar Spain, the site identified 207 Spanish fintech startups, indicating the sector had quadrupled in three years, stats largely in line with fintech’s global trend. Cofounded… Read More

P2P Lender Arboribus Received Regulatory Approval in Spain

Arboribus

The Comisión Nacional del Mercado de Valores  (CNMV) in Spain has approved Arboribus to operate as a Participatory Financing Platform (PFP) joining a growing list of regulated platforms. Arboribus is an online lender providing access to capital for SMEs. A PFP is a new type of… Read More

Location App Wave Raises Over £375,000 Two Days After Crowdcube Debut

Wave 1

On Tuesday, Spanish startup Wave launched an equity crowdfunding campaign on Crowdcube to raise 500,000 for its location smartphone app. Within just two days of its debut, the initiative scored over £375,000 from more than 100 investors. Wave is described as a free smartphone app… Read More

After CNMV Approval, Spain’s Capital Cell Sets Sights on UK Market and FCA Approval

Dr. Laura Ferguson

In late July, Barcelona-based Capital Cell received Comisión Nacional del Mercado de Valores (CNMV) approval to operate as a “Participatory Financing Platform.” This authorization includes the capability to select and publish financing projects and also gives Capital Cell the right to operate as an investment… Read More

Brief: Capital Cell, a Biotech Crowdfunding Platform, Receives Regulatory Approval in Spain

Daniel Oliver

Capital Cell, an investment crowdfunding platform that describes itself as the first European crowdfunding platform for biotech projects, has recieved regulatory approval from the Comisión Nacional del Mercado de Valores (CNMV).  According to a statement on their site, after ten months of audits, interviews and… Read More

ECrowd! Spanish Crowdlending Platform Receives License by the CNMV

Approved Stamp

Debt-based crowdfunding platform ECrowd! is one of the first Spanish sites to receive a formal operating license from the Comision del Mercado de Valores (CNMV), the securities regulatory agency in Spain. ECrowd!, based in Barcelona, has joined Crowdcube Spain, Lendix and MyTripleA in receiving official… Read More