{"id":44547,"date":"2019-11-20T00:00:00","date_gmt":"2019-11-19T23:00:00","guid":{"rendered":"https:\/\/techma.bakertilly.es\/id-finance-el-auge-de-los-prestamos-online\/"},"modified":"2025-03-12T11:47:59","modified_gmt":"2025-03-12T10:47:59","slug":"id-finance-el-auge-de-los-prestamos-online","status":"publish","type":"post","link":"https:\/\/techma.bakertilly.es\/en\/id-finance-el-auge-de-los-prestamos-online\/","title":{"rendered":"ID FINANCE: THE RISE OF ONLINE LENDING"},"content":{"rendered":"

ID Finance<\/strong>, company Fintech<\/a> specialising in online lending, sells<\/a> part of its shareholdings to various investors through marketplace<\/em> Crowdcube investment fund, worth \u20ac5.7m.<\/p>\n

The great advantages of online loans are the ability to process the application without going to a branch, and sometimes even the possibility of obtaining cheaper financing than usual. Although the latter is not always a reality.<\/p>\n

In today's digitised world, they are playing an increasingly important role in corporate finance.<\/p>\n

<\/span>ID FINANCE<\/span><\/h2>\n

\"ID<\/p>\n

ID Finance<\/a> uses machine learning<\/em> and data science to offer financial services to those who are unable to obtain a loan through traditional banking institutions.<\/strong>.<\/p>\n

In fact, its challenge is to empower people with restricted access to banking services to promote their financial inclusion.<\/p>\n

Founded in 2012, it moved its headquarters from Russia to Barcelona in 2016.<\/p>\n

It currently employs 320 staff, has more than 3 million users, and acquires 40,000 new users every week.<\/p>\n

This 2019, it expects to close the year with a turnover of \u20ac90m, double what it earned in 2018.<\/p>\n

In November, the company sold part of its shares to more than 1,200 new partners in 62 countries, in a round valued at 5.7M\u20ac<\/strong>.<\/p>\n

Each of them has invested an average of 4,700 euros to boost the firm's growth.<\/p>\n

<\/span>SUCCESS OF EQUITY CROWFUNDING<\/span><\/h2>\n

This is the largest equity crowdfunding transaction by a Spanish company.<\/p>\n

It is a method of crowdfunding which, unlike the\u00a0crowdfunding\u00a0<\/em>The traditional approach opens the door for patrons to hold equity stakes in the company.<\/p>\n

ID Finance's figure represents a new milestone in the field of alternative financing in Spain, as it is the first transaction to exceed the \u20ac5m threshold.<\/p>\n

These figures show that Crowdcube can aspire to become a Europe-wide capital market, based on a true digitisation of start-up and SME capital raising.<\/p>\n

In addition, it is worth noting that, in the third quarter of 2019, 38% of the investment channelled through this channel went to companies in the fintech sector.<\/p>\n

<\/span>NATIONAL AND INTERNATIONAL EXPANSION<\/span><\/h2>\n

ID Finance's growth plan has the Spanish market and the Latin American market, especially Brazil and Mexico, as its two main growth focuses.<\/p>\n

Some of the firms that are already investing in companies in the sector in the region include Goldman Sachs, Morgan Stanley, Victory Park Capital, Santander InnoVentures, Softbank and Tencent.<\/p>\n

<\/span>OTHER RELEVANT OPERATIONS IN THE SECTOR<\/span><\/h2>\n

<\/span>HOUSERS<\/span><\/h3>\n

Housers<\/a> is a crowdfunding platform, which allows people to invest in real estate projects.<\/strong>.<\/p>\n

Founded in 2015 and headquartered in Madrid, the company has a total of 4.5M$<\/strong> raised in the sale of its shares in 6 rounds of financing, the last one in July this year.<\/p>\n

<\/span>MITTO<\/span><\/h3>\n

Mitto es mucho m\u00e1s que una simple debit card for young people<\/strong> aged between 14 and 30, the so-called \"Generation Z\".<\/p>\n

It is a modern, easy and advantageous payment system.<\/strong>.<\/p>\n

That's why, last September, it was able to capture 2M\u20ac<\/strong> in a seed round to continue its growth.<\/p>","protected":false},"excerpt":{"rendered":"

We analyse from a corporate finance perspective the sale of part of the shares of the fintech ID Finance. It has done so via equity crowdfunding for \u20ac5.7m.<\/p>","protected":false},"author":4,"featured_media":44548,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1750],"tags":[155,153,157],"sectores":[],"tipo-contenido":[2260],"class_list":["post-44547","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financiacion-sectorial","tag-corporate-finance-spain","tag-global-corporate-finance","tag-venta-de-empresas","tipo-contenido-noticias"],"acf":[],"_links":{"self":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/44547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/comments?post=44547"}],"version-history":[{"count":0,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/44547\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/media\/44548"}],"wp:attachment":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/media?parent=44547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/categories?post=44547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tags?post=44547"},{"taxonomy":"sectores","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/sectores?post=44547"},{"taxonomy":"tipo-contenido","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tipo-contenido?post=44547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}