About Fintonic
Fintonic is a company based in Madrid (Spain) founded in 2012.. Fintonic has raised $54.78 million across 5 funding rounds from investors including ING Ventures, PSN group and Square One Capital. Fintonic offers products and services including Fintonic App, Préstamos Fintonic, and FinScore. Fintonic operates in a competitive market with competitors including Creditas, Kueski, International Personal Finance, Cetelem and ZankSpain, among others.
- Headquarter Madrid, Spain
- Stage Minicorn
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Sectors
TechnologyFinancial Services
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Fintonic Servicios Financieros, Sl
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$54.78 M (USD)
in 5 rounds
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Latest Funding Round
$14.57 M (USD), Debt – Conventional
Jun 14, 2023
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Investors
ING Ventures
& 3 more
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Employee Count
Employee Count
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Products & Services of Fintonic
Fintonic offers a comprehensive portfolio of products and services, including Fintonic App, Préstamos Fintonic, and FinScore. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App to connect banks and track finances securely.
Online personal loans for various life goals.
Tool to assess and improve credit conditions.
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Funding Insights of Fintonic
Fintonic has successfully raised a total of $54.78M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $14.57 million completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Debt – Conventional — $14.6M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2023 | Amount | Debt – Conventional - Fintonic | Valuation |
investors |
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| Jun, 2023 | Amount | Series D - Fintonic | Valuation | Square One Capital | |
| Apr, 2019 | Amount | Series C - Fintonic | Valuation | ING Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Fintonic
Fintonic has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include ING Ventures, PSN group and Square One Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments in early-stage startups are managed by Square One Capital.
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Founded Year | Domain | Location | |
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Venture Capital firm backed by ING
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fintonic
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Fintonic
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fintonic Comparisons
Competitors of Fintonic
Fintonic operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Creditas, Kueski, International Personal Finance, Cetelem and ZankSpain, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Asset-backed consumer loans are provided through an online platform.
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| domain | founded_year | HQ Location |
Provider of an online platform for personal loans
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| domain | founded_year | HQ Location |
Consumer loans and offline home credits are provided to customers.
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| domain | founded_year | HQ Location |
Online consumer loans platform
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| domain | founded_year | HQ Location |
Online P2P lending platform is operated for borrowers and investors.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fintonic
Frequently Asked Questions about Fintonic
When was Fintonic founded?
Fintonic was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Fintonic located?
Fintonic is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
Is Fintonic a funded company?
Fintonic is a funded company, having raised a total of $54.78M across 5 funding rounds to date. The company's 1st funding round was a Series C of $21.41M, raised on Jun 01, 2013.
What does Fintonic do?
Fintonic was founded in 2012 in Madrid, Spain, as a fintech company focused on personal finance. An app is offered for tracking expenses across multiple accounts, with automatic categorization and monthly forecasts generated. Personal loans are facilitated by evaluating options from various lenders, and applications are submitted through the platform. A FinScore credit assessment is derived from linked account data. The service is accessible on iOS and Android devices.
Who are the top competitors of Fintonic?
Fintonic's top competitors include Creditas, Kueski and International Personal Finance.
What products or services does Fintonic offer?
Fintonic offers Fintonic App, Préstamos Fintonic, and FinScore.
Who are Fintonic's investors?
Fintonic has 4 investors. Key investors include ING Ventures, PSN group, Square One Capital, and Onza Capital.
What is Fintonic's valuation?
The valuation of Fintonic is $180.7M as of Apr 2019.
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