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Spanish fintech ID Finance lands €545M in debt and equity

Spanish fintech ID Finance has raised €545 million in debt and equity, it said today, as it looks to make its consumer fintech app Plazo Spain’s “go-to” credit platform.Barcelona-headquartered ID Finance did not disclose the equity and debt split in the raise. It said international investors Spice Expeditions, WashU, Kingsway Capital and global investment firm i80 Group were involved in the financing round. It said the funding will be used to expand the product suite of its consumer fintech…

Tarun Mottlia

Via Tech.eu

·Excerpt
Spanish fintech ID Finance lands €545M in debt and equity
Image: Tech.eu

Spanish fintech ID Finance has raised €545 million in debt and equity, it said today, as it looks to make its consumer fintech app Plazo Spain’s “go-to” credit platform.

Barcelona-headquartered ID Finance did not disclose the equity and debt split in the raise.

It said international investors Spice Expeditions, WashU, Kingsway Capital and global investment firm i80 Group were involved in the financing round.

It said the funding will be used to expand the product suite of its consumer fintech…

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