Fintonic Servicios Financieros, S.L.
Latest round
- Series C
Last raised
- Apr 2019
Total raised
- $50M
Investors
- 5
About Fintonic Servicios Financieros, S.L.
L. was founded in 2011 and operates out of Madrid, Spain. The company offers financial management solutions through its app, which connects to users' bank accounts. The founders, Lupina Iturriaga and Marcos Icardo, aimed to simplify financial decision-making for users.Fintonic primarily offers a range of financial services designed to help users manage their money effectively. Its core product is an online app that connects users' bank accounts, providing a comprehensive overview of their financial status. Key functionalities include personalized financial alerts, tools for budget tracking, and credit score assessments through its proprietary FinScore system. The app facilitates access to various financial products, including personal loans and insurance, tailored to user needs. Released in 2012, Fintonic's services primarily target individuals in Spain, Mexico, and Chile, focusing on tech-savvy consumers who seek to optimize their financial decisions without traditional banking hassles.90 in 2022. The company recorded an EBITDA loss of EUR 9,100,211 in the same year. Fintonic generates revenue through the facilitation of financial services including personal loans and insurance products. Clients utilize the app to connect their bank accounts, allowing them to apply for loans seamlessly, where the firm manages the application process without requiring extensive paperwork. The company operates on a direct-to-consumer model, where users may pay fees associated with loans or insurance products obtained through the platform. Specific pricing details related to the services are structured to be competitive within the financial technology sector, offering transparent cost structures that align with market standards.L. There are plans in place for the launch of new features aimed at improving user financial management capabilities. Fintonic is also targeting expansion into additional markets, with a focus on broader Latin American regions by 2025, enhancing its reach to new consumers.
Who invested in Fintonic Servicios Financieros, S.L.
5 investors across 4 rounds
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Questions about Fintonic Servicios Financieros, S.L.
Who invested in Fintonic Servicios Financieros, S.L.?
Fintonic Servicios Financieros, S.L. has 5 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Fintonic Servicios Financieros, S.L. raised?
Fintonic Servicios Financieros, S.L. has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Fintonic Servicios Financieros, S.L. last raise money?
Fintonic Servicios Financieros, S.L.'s most recent round on record is a Series C, in Apr 2019.
What does Fintonic Servicios Financieros, S.L. do?
Fintonic Servicios Financieros, S.L. is a financial services company.
Where is Fintonic Servicios Financieros, S.L. headquartered?
Fintonic Servicios Financieros, S.L. is headquartered in Madrid, Spain.
Which VCs invest in companies like Fintonic Servicios Financieros, S.L.?
Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back financial services companies at Fintonic Servicios Financieros, S.L.'s stage. Their profiles are linked below.
VCs backing financial services startups at Series C
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