Fundsfy is the first neobank for investors, created with the philosophy of facilitating access to investment services.
It has just started operating after selling part of its shares to high-prestige investors in a funding round valued at €2.2m.
Technology will be key to accelerating the transition to the banking of tomorrow with more accessible services.
Therefore, the neobanks They represent the new generation of financial institutions offering banking services entirely online.
A reality that neither businesses nor corporate finance overlook.
FUNDSFY
Through Fundsfy, users can manage your current account with a Spanish IBAN, as well as access various services and investment products that were previously reserved exclusively for professional investors.
In this way, the firm achieves its objective of launching a neobank aimed at a customer segment that cannot find access to certain investment services in traditional banking, nor the technology required to control all their finances from a single application.
Fundsfy allows you to access a high-level service, where you will find investment products and personalised attention at a minimal cost.
It is available for iOS and Android, and gives access to the following plans:
- Virtualaccess to full account functionality: Spanish IBAN, virtual card, option to add bank accounts unlimitedly and monitor them from a single place, make transfers and send instant money to other users also without limits.
- Neobankincludes all the benefits of the Virtual plan, plus a physical Mastercard, which can be used to pay and withdraw cash for free from any cash machine.
- Investorto all of the above is added a metal card, access to the investment marketplace to choose from a variety of expert-selected products and a personalised customer service.
This initial value proposition is a sample of all the potential that the company offers its users in the short term.
These three subscription plans are the first it offers, as it aims to continue expanding the range of possibilities through new subscription plans and a greater selection of investment products.
INITIAL PROMOTION
This company has started its commercial activity this very month, and it has done so with a 3-month free promotion for the first 5,000 users who register on its platform.
At present, it is focused primarily on those investors and savers with wealth of between €5,000 and €1 million, who usually lack access to high-end private banking, but who feel comfortable using technology to manage and grow their money.
However, Fundsfy's new features are not limited to its launch.
Furthermore, to validate their product, they have just sold part of their shares in their first investment round to several highly prestigious partners in the financial, banking and technological sectors.
A transaction valued at €2.2M, thanks to which it has the necessary funds to ensure the scalability and agility of its technology platform in order to guarantee its expansion into new markets within Europe.
OTHER SIMILAR ROUNDS IN THE SECTOR
ID FINANCE
ID Financewhich offers financial services to people who do not have access to banking services, has recently closed a funding round valued at €2m.
It is a fintech start-up based in Barcelona that operates throughout Europe and Latin America.
PAGANTIS
Pagantis has just closed a round of funding of 65M€, Series B, in debt and equity, a type of funding that only companies with an already consolidated business model can aspire to, and whose main objective is expansion.
Investors such as Prime Ventures and SPF Investment Management have participated, and it will be used to developing the e-commerce consumer credit model in Italy, Portugal and France.