Tagged: spain

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

Spanish Crowdlending Update: MytripleA & Lendix Receive CNMV Authorization

Sergio Anton

Continuing to establish a fecund atmosphere for alternative financial market growth, Comision Nacional del Mercado de Valores (CNMV), the regulatory body of the Spanish Stock Market,  has given authorization to MytripleA, Crowdcube and Lendix. Last week Crowdcube Spain was  authorized by the CNMV as established in the Law to Promote Business… Read More

French Marketplace Lender Lendix Receives Spanish Regulator Approval

Hola Espana Spain

Lendix, a top SME marketplace lending platform in France, has received regulatory approval from the CNMV and is now ready to set up shop and operate in Spain. The announcement was not unexpected as Lendix had raised € 12 million earlier this year for their international… Read More

First! Crowdcube Spain Receives Regulatory Approval as Crowdfunding Platform

Pepe Borrell Crowdcube Spain

Crowdcube Spain has received approval by the Comision Nacional del Mercado de Valores (CNMV), the regulatory body of the Spanish Stock Market. Management believes the approval has strengthened Crowdcube’s position in Europe following the Brexit decision for the UK to depart the EU. Crowdcube Spain… Read More

Brief: Language System BrainLang Captures €162,500 Through Crowdcube Spain Campaign

BrainLang 1

Brainlang, an innovative, large-scale Language Acquisition system that provides the brain with the necessary inputs to understand and learn a new language, has successfully secured €162,500 from a total of 79 investors during its equity crowdfunding campaign on Crowdcube Spain.  Established less than a year ago by… Read More

Barcelona Based Garage Beer Raises €500,000 on Crowdcube Spain

garage beer

Garage Beer, a Barcelona based craft brewery, has closed their equity crowdfunding round on Crowdcube Spain having raised €500,000 with the support to 228 investors. According to information provided by Crowdcube, 90% of the investments were under €1,000 with many being current Brewer Garage customers.  Investors were… Read More

Alter Ibiza Seeks £110,000 on Seedrs to Open Spanish Night Club

Alter Ibiza 1

Alter Ibiza, a Spain-based club brand, has recently launched a Seedrs initiative with a mission to raise £110,000 as it prepares to open its night club’s doors. The company is looking to bring music entertainment, quality products and services to its new club in Ibiza. But… Read More

Brief: Spanish Crowdfunding Association President Oliver Discusses Upcoming CrowdDays

daniel oliver

CrowdDays, reportedly the largest event focusing on crowdfunding in Spain, is celebrating its second year. In 2015, there were events in both Madrid and Barcelona; this year, events will be held in the original cities as well as in Bilbao and Valencia that focus on crowdfunding… Read More

Spanish Health App Mammoth Completes Second Funding Round on Crowdcube

Paleo Run by Mammoth

Mammoth Hunters has completed its second investment crowdfunding round on Crowdcube Spain raising € 300,000 from 231 investors.  According to information provided by Crowdcube, 53 of these investors returned to finance the company once again. Mammoth first raised capital on the platform in 2015, raising €… Read More

Energy Tech Firm Vagalume Energía Closes Successful Crowdcube Spain Funding Round

vagalume

With the confidence of 43 private investors, the Spanish energy tech firm Vagalume Energy secured 228,620€ on Crowdcube with an average investment of 5,316€.  Grupo Innoven Inversiones, led by Raúl Guerrero Gómez, a business angel of RedInvest,  as well as other investments from other professionals from the energy sector endorsed… Read More

Mammoth Hunters Returns to Crowdcube Spain for Second Round, Repeat Investors Alongside Angels

mammoth hunters

Fitness App Mammoth Hunters is fundraising for the second time in eight months on Crowdcube Spain, the platform’s first raise was overfunded by 166 investors. Half of Mammoth Hunters’ investors are investing again, alongside with Angels, according to Crowdcube Spain Co-Founder Pepe Borrell. “It is exciting to see… Read More

Oleg Boyko’s Finstar Looks to Build Big Fintech Portfolio

OLEG BOYKO

Finstar Financial Group wants to build its Fintech portfolio and has hired Paul Muhr, an experienced investment banker to boost M&A and capital markets projects. Until recently Muhr was a Vice President at Citi and before that at Goldman Sachs. Muhr’s hiring is said to… Read More

Crowdcube Spain Brief: Garage Beer Co. Taps Crowd for Campaign Preregistration

garage beer

After just 11 months of brewing Barcelona-based Garage Beer Co “maxed out” their brewery capacity. Jointly announced by Crowdcube Spain MD Pepe Borrell and Garage Beer’s website, the brewer is in the works to build a bigger plant and is looking to the crowd — not banks –to… Read More

Spanish BBVA Lassos Finnish Fintech Platform Holvi, Increases Global Fintech Presence

Teppo Paavola

BBVA has acquired Finnish digital current account startup Holvi, furthering its investment into tech-led alternatives to traditional banking.  Founded in Helsinki in 2011, Holvi offers a current account combined with business MasterCard for small business owners. “We’re excited about Holvi as we share a vision about… Read More

Crowdcube Spain Receives Catalan Government Accreditation, Joins Fintech & Insugetech Association

Team crowdcube es-red Spain

Crowdcube Spain has announced that is has received Catalan government accreditation from the Ministry of Business and Knowledge (ACCIÓ) as a quality platform for alternative funding. Crowdcube Spain is affiliated with Crowdcube UK – the largest investment crowdfunding platform in Great Britain. Since 2014, the… Read More