We are a leading fintech in Europe and Latin America. Our main offering is focused on providing finance solutions to retail customers. The company is among the fastest growing fintech companies in Europe and the only one Spanish one included at FT 1000. Besides, ID Finance is also the first carbon-neutral financial technology firm in the region. The company is consistently profitable and since its inception in 2015, we have processed over 9 million credit applications. In 2021 ID Finance launched Plazo, the first Spanish credit-led challenger bank. It is currently offering a free Mastercard debit card which comes with one of the most attractive cashbacks in the country. Besides, it is expanding its services to a wide range of purchase and credit solutions. Our proprietary technology allows us to analyse vast amounts of data, including behavioural biometrics, identifies anomalies and increases efficiency of risk assessment by 50%. Machine learning and artificial intelligence are at the core of our business, from optimising marketing campaigns to improving customer service experience. Our headquarters are located in Barcelona, Spain, with further offices in Mexico City, Mexico, and an engineering office in Warszawa, Poland. Our 400+ employees are at the cutting-edge of fintech innovation. Our culture is inclusive, international and above all entrepreneurial. We are constantly setting ourselves new challenges. We have ambitious goals for further rapid growth in Europe and Latin America and we are excited about the opportunity ahead. Interested in joining us for the journey? Get in touch with us: careers@idfinance.com
Location: Spain, Catalonia, Barcelona
Employees: 201-500
Total raised: $247.59M
Founded date: 2015
Investors 1
Date | Name | Website |
- | Emery Capi... | emery.capi... |
Funding Rounds 5
Date | Series | Amount | Investors |
06.02.2024 | - | $149.96M | - |
21.11.2023 | - | $13.14M | - |
27.03.2023 | - | $32.6M | Kingsway C... |
16.10.2019 | - | $1.88M | - |
16.02.2017 | - | $50M | - |
Mentions in press and media 30
Date | Title | Description |
02.04.2024 | Spain’s biggest Q1 funding rounds in 2024 | Read this article in: While Spain’s VC ecosystem is in an earlier stage of maturity compared to its European counterparts like France, Germany, and the UK, it is at a pivotal point of growth. This is evidenced by the growing number of succe... |
06.02.2024 | Spain’s ID Finance secures €139.5M debt financing to expand its financial wellness app Plazo | Read this article in: Barcelona-based ID Finance, a company that claims to be a leading fintech in Spain and Mexico, announced that it has secured $150M (approximately €139.59M) in debt funding. In November 2023, the company raised €12M in ... |
22.11.2023 | ID Finance cierra un acuerdo de financiación de €12 millones para impulsar el crecimiento de su actividad en España | 22/11/2023 Nota de prensa ID FINANCE CIERRA UN ACUERDO DE FINANCIACIÓN DE €12 MILLONES PARA IMPULSAR EL CRECIMIENTO DE SU ACTIVIDAD EN ESPAÑA ID Finance ha cerrado un acuerdo de financiación por valor de 12 millones de euros con un banco... |
21.11.2023 | Spanish fintech ID Finance secures €12M credit line from a European Listed Bank; Know more | Read this article in: Barcelona-based ID Finance, a company that claims to be a leading fintech in Spain and Mexico, announced that it has secured €12M in funding through a strategic deal with an undisclosed European bank. ID Finance’s deal... |
29.06.2023 | 10 Top Barcelona Fintech Startups To Watch | Financial technology, better known as fintech, is an emerging industry that uses technology to provide powerful and exciting financial services. Billions are being invested in this emerging sector every year, with fintech startups even now ... |
27.03.2023 | ID Finance raises 30mn EUR from Kingsway Capital, making successful exit for Emery Capital | Spanish fintech company ID Finance, co-founded by Boris Batin and Alexander Dunaev, has secured €30 million in funding from UK-based Kingsway Capital. The funds will be utilized to further develop Plazo, the company's non-bank product, in S... |
24.03.2023 | ID Finance Raises €30M in Funding | ID Finance, a Barcelona, Spain-based financial wellness app provider, raised €30M in funding. The transaction includes both a primary capital infusion and a buyout of shares from its early investors. The capital injection is structured as a... |
22.03.2023 | UK’s Kingsway Capital backs Barcelona-based ID Finance in €30M round: Know more | Barcelona-based ID Finance, a fintech company, announced on Wednesday that it has raised €30M in equity led by UK-based asset manager Kingsway Capital. After receiving a favourable review from the External Investment Board, the Spanish Coun... |
22.03.2023 | Spain's ID Finance raises €30 million in deal with UK's Kingsway Capital | Spanish fintech ID Finance has announced it has secured an investment of €30 million allowing it to to focus on the Spanish and Mexican roll out of financial wellness app Plazo - with co-founder Boris Batine in the role of Plazo's CEO. The ... |
17.12.2021 | ID Finance cierra una ronda participativa de €3,3 millones a través de Crowdcube | 17/12/2021 Nota de prensa ID FINANCE CIERRA UNA RONDA PARTICIPATIVA DE €3,3 MILLONES A TRAVÉS DE CROWDCUBE. La ronda, que partía de una valoración de la fintech española de 220 millones de euros, preveía recaudar un millón, pero la sobred... |
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