The fintech sector of choice for investors in Spain
19/02/2015
Diego Gutiérrez
The fintech sector of choice for investors in Spain

 

The growth of fintech seems to be unstoppable: since 2008, global investment in fintech has tripled from $928M to $3,000M in 2014 and is expected to reach $8,000M in 2018. Although the countries leading the sector in Europe are the United Kingdom and Ireland, Spain is also carrying out important operations such as those carried out in Digital Origin and Peertransfer.

Big rounds in the sector in January 2015

The start up Digital Origin has closed a $15M financing round in which it has participated. Prime Ventures, UK venture capital fund.

The technology company has two products: quebueno.es, which specialises in microcredits, and pagamastarde.com, which is based on a method that allows postponing payments.

Digital Origin offers online credit and financial services through its two products, quebueno.es, which specialises in microcredit, and pagamastarde.com, which is based on a method that allows postponement of payments.

Boyser already invested in Digital Origin's debt instruments in the summer of 2015. A month later, the technology company acquired online payments platform Pagantis.

Peer Transfer is an international payments platform in the education sector, helping international students pay for tuition, room and board at more than 500 schools, colleges and universities in the US, UK and Australia. Peer Transfer has received a $22M round of funding. The round was led by Bain Capital and other investors such as Spark Capital, Devonshire Investors, Accel Partners and QED.

Spanish companies that are being recognised at an international level

The spinoff coruñesa "Torusware has been selected to participate in the "Accenture FinTech Innovation Lab from Londonan international programme that selects the most talented women in the world. seven startups most innovative financial technology in the world.

Torusware is an ultra-fast communications technology company that accelerates applications in enterprise technology infrastructure and cloud environments, especially in the financial domains.

Eburya financial services company pioneer in Spain in offering support to SMEs in the field of international payments and currency exchange, has been included in the list The Fintech50, which each year brings together the 50 most innovative financial technology companies in Europe, is compiled by the collaborative platform Fintech City, in which Santander InnoVentures, Icon Corporate Finance and Silicon Valley participate.

Other related studies

Growing investment in the Fintech sector

IT investment news in Spain

 

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