Tagged: spain

April 27, 2021 @ 7:05 am By Omar Faridi  |  

European peer-to-peer lending platform Bondora recently shared details regarding its 2020 portfolio performance. The Bondora team notes that after remaining quite steady at 17.4% for two straight months, the 2020 return rate for originations increased “ever so slightly to 17.5% in March.” The P2P lender… Read More

April 15, 2021 @ 7:04 am By Omar Faridi  |  

March 2021 was an “incredibly” successful month for recoveries at peer to peer lending platform Bondora. The European lender managed to reach a record-level of “cash recovered on the month: €1,255,538.” This is reportedly the first time that Bondora has passed the €1M mark. Bondora… Read More

April 12, 2021 @ 7:45 am By Samantha Hurst  |  

  BBVA recently announced it is offering a sustainable alternative for its products in Spain for both individuals and companies. According to BBVA, the solutions are designed to respond to society’s growing demand and to help customers make the best financial decisions that also help… Read More

April 8, 2021 @ 1:17 am By Omar Faridi  |  

Madrid-based Allfunds, a B2B Wealthtech solution provider, will reportedy be listing on the Euronext Amsterdam stock exchange. Allfunds has developed a comprehensive ecosystem that aims to cover the complete fund distribution value chain and related investment cycles, including through Allfunds Connect, which is a suite… Read More

March 29, 2021 @ 8:16 am By Omar Faridi  |  

European online lender October reveals that it works with firms from all industries so it can help them with financing the growth of their operations. The October team notes in a blog post that since 2016, they’ve been supporting companies and they offer them “the… Read More

March 22, 2021 @ 7:31 am By Omar Faridi  |  

European peer to peer lending platform Bondora confirmed in a blog post on March 19, 2020, that its performance remained steady during the month of February 2021. While commenting on its annual performance, Bondora notes that the return rate remained steady at 17.4% for the… Read More

February 26, 2021 @ 11:35 am By Omar Faridi  |  

Camille David from European online lender October reveals that 5,672 private investors from all across Europe have reportedly financed the Sandaya project via the October platform – which is notably a new record. Claire Juliard, who leads October Connect, confirmed that this is in fact… Read More

February 24, 2021 @ 12:11 pm By Samantha Hurst  |  

  Switzerland based Fintech Incubator & Accelerator F10 announced on Tuesday it has launched its first incubation program for fintechs and insurtechs in Spain. According to F10, the incubation program aims to support early-stage startups in the processor transforming their prototype into a scalable product, while… Read More

January 27, 2021 @ 7:46 am By Omar Faridi  |  

Banco Sabadell (BME:SAB), a Spanish multinational financial services company headquartered in Alicante and Barcelona, Spain, has reportedly invested €2.5 million in Nomo, an inhouse incubated initiative that spun out from the banking institution. The startup offers various business management tools for SMEs and sole traders…. Read More

January 18, 2021 @ 9:04 am By Samantha Hurst  |  

Hannun, a Spain-based D2C platform that sells furniture and home goods from local artisans, has successfully raised more than €1.2 million through its equity crowdfunding campaign on Crowdcube. The funding round, which originally sought to secure €700,000, has attracted over 540 Crowdcube investors. As previously… Read More

January 11, 2021 @ 10:34 pm By JD Alois  |  

For Crowdcube, the UK’s largest crowdfunding platform by total raised, 2020 has been a stellar year in terms of funding rounds. The 3rd quarter of the year was described as “remarkable” and the platform generated £2.67 million in revenue – reportedly Crowdcube’s best ever. The… Read More

December 30, 2020 @ 3:52 pm By Samantha Hurst  |  

  Hannun, a Spain-based D2C platform that sells furniture and home goods from local artisans, has secured more than €1.15 million through its equity crowdfunding campaign on Crowdcube. The funding round made its debut earlier this month, originally seeking €700,000. Founded in 2017, Hannun described… Read More

December 18, 2020 @ 8:06 am By Omar Faridi  |  

Peer to peer lending platform Bondora notes in an update post on December 17, 2020 that the normal trend for portfolio returns is to decline over a period of time as more origination payments are missed slightly. But in November 2020, Bondora portfolio returns were… Read More

December 14, 2020 @ 1:54 pm By Samantha Hurst  |  

UK/Spain-based fintech Nebeus announced on Monday the launch of its new product, Crypto Renting. Nebeus describes Crypto Renting as a unique product in the fintech and crypto industries that allows cryptocurrency owners to get passive earnings from their crypto without selling it. “Crypto Renting, from… Read More

December 1, 2020 @ 5:00 pm By Omar Faridi  |  

Peer to peer lending platform Bondora notes that getting rich or financially secure might be a goal for everyone, but asks whether your bank account savings can help you achieve your financial goals. Bondora, which claims that over 143,000 individuals have invested more than €391M… Read More

November 30, 2020 @ 11:36 am By JD Alois  |  

Investment crowdfunding platform Engel & Völkers says that following its first project in Spain, the investment platform will expand its partnership with the logistics park in the Villaverde district of Madrid. In September, Engel & Völkers reports that in just 30 hours it raised €2… Read More

November 18, 2020 @ 7:44 am By Omar Faridi  |  

Bdeo, an established Insurtech firm with offices in Spain and Latin America, has finalized a Series A investment round valued at €5 million. Bdeo’s latest round was led by BlackFin, a European investment company that’s focused on the financial services sector. Existing investors K Fund… Read More

November 16, 2020 @ 7:20 pm By Omar Faridi  |  

Banco Santander S.A. (Santander Group) (BME:SAN), the world’s 16th-largest banking institution and financial services company based in Madrid, has been focused on cost-cutting measures in order to deal with the economic challenges created by the COVID-19 pandemic. Banco Santander along with other Spanish lenders are… Read More

November 10, 2020 @ 8:47 pm By Omar Faridi  |  

Afterbanks, the Fintech firm that allows users to retrieve and aggregate data from different banks in real-time via an API, has introduced its products and services in Mexico. Afterbanks’ platform has been used to conduct instant and secure payments in Europe and Latin America. Afterbanks… Read More

November 10, 2020 @ 8:26 am By Samantha Hurst  |  

Just a little over two years after raising £1,2 million through its equity crowdfunding campaign on Crowdcube, UK-based fintech Nebeus has launched a new funding round on Seedrs to raise a minimum of £400,000. As previously reported, Nebeus, which began trading in 2017,  reported it has… Read More