Strands

Barcelona, Spain Founded: 2004 • Age: 22 yrs Acquired By Crif
Personalized digital banking software suites are developed for banks.

About Strands

Strands is a Financial Services company based in Barcelona (Spain) founded in 2004, and was acquired by Crif in March 2020. Personalized digital banking software suites are developed for banks. It operates on a SaaS (Software-as-a-Service), Professional Services, and FinTech model. Strands has raised $51.3 million across 3 funding rounds from investors including Crif, BBVA and Debaeque. Strands has completed 1 acquisition, including Expensr. Its website strands.com draws about 12 thousand monthly visits. Strands offers products and services including Strands PFM, Strands Engager, Strands Compass, Strands AI Copilot, and Carbon Footprint Insights. Its focus areas include Technology, Financial Technology and Digital Banking Solutions. Its legal entity is STRANDS LABS, INC.

Company details

Strands is focused on transforming digital banking experiences for financial institutions worldwide. Solutions are provided to enhance customer engagement, adoption, and retention through data-driven personalization and AI-powered tools. Services are offered across retail, business, and green banking sectors, addressing needs with modular platforms like PFM, Engager, and Compass. Cross-selling opportunities are increased via personalized insights, while customer-centric journeys are prioritized over product-centric views. Partnerships with major banks are established to deliver tailored money management experiences.

  • Headquarters Barcelona, Spain
  • Stage Acquired
  • Sectors
    Financial Services
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website money.strands.com
  • Social LinkedIn X YouTube
  • Acquired by Crif (Mar 2020)
  • Legal Name Strands Labs, Inc
Key Metrics
  • Total Equity Funding
    $51.3M (USD)

    in 3 rounds

  • Latest Funding Round
    $24M (USD), Series B

    Dec 2007

  • Investors
    Crif

    & 4 more

  • Investments & Acquisitions
  • Acquired by
    Crif

    (Mar 2020)

Products & Services of Strands

Strands offers a comprehensive portfolio of products and services, including Strands PFM, Strands Engager, Strands Compass, Strands AI Copilot, and Carbon Footprint Insights.

Strands PFM
Personal Financial Management

Personal finances are managed through digital banking tools.

Strands Engager
Customer Engagement

Customer engagement is enhanced with personalized banking insights.

Strands Compass
SME Financial Tools

Financial journeys of SMEs are navigated with support.

Strands AI Copilot
Data Enrichment

Customer knowledge is boosted through AI-driven data enrichment.

Carbon Footprint Insights
Green Banking

Green banking is supported with carbon footprint insights.

Apps and channels of Strands

its YouTube channel Strands has 69 subscribers and 30 videos.

Strands
YouTube 69 subscribers 30 videos Science & Technology
Open channel

Videos from Strands

The most watched videos on Strands's YouTube channel, Strands (69 subscribers). Click a video to play it here.

Interview Marco Montagnani CEO & Founder of STEP 4 Business at #Money2020
314 views
Unlocking the Potential of Business Financial Management Solutions, Digital Banking Asia 2021
222 views
#CEE21 SME Banking Club Conference 2021 'AI in Financial Services Panel Discussion'
195 views
Strands PFM Demo - Finovate Europe 2021
172 views

More on Strands.

Funding Insights of Strands

Strands has successfully raised a total of $51.3M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $24 million completed in December 2007. 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 $51.3M
  • Total Rounds 3
  • Last Round Series B β€” $24M
  • First Round $2.3M

    (Mar 2006)

  • Investors Count 4

All 3 funding rounds of Strands with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2007$24MSeries B–BBVA
Jun 2007$25MSeries B–Antonio Asensio
Mar 2006$2.3MSeries A––
–
Valuation history

5 investors in total: 4 institutional and 1 angel.

Investors in Strands

Strands has secured backing from 5 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Crif, BBVA and Debaeque.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
debaeque.com
sequelvc.com
Banking and financial service provider
1857bbva.comBilbao, Spain
Financial database focused on the credit ratings of companies
1988crif.comBologna, Italy

Antonio Asensio

unknown_3e3e0d0302b547189
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Investor details for Strands

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Verified entity values are shown only after access is granted.

People of Strands

26 people are tracked at Strands (4 in leadership, 1 in board & advisors, 21 in team).

NameRoleGroup
Edoardo Borsari
Managing DirectorLeadership
Oscar Bañó
Director of Consulting & KAMLeadership
Don Henoel Quispe Chafloque
Business Development Director - EMEA & LatamLeadership
Gianni Valenti
Chief Technology OfficerLeadership
Enrico Lodi
ChairmanBoard & advisors
Fernando Gonzalez
Ios DeveloperTeam
Berta Mateu
HR SpecialistTeam
Oscar Bañó Pérez
Unknown RoleTeam
Vasil Georgiev Markov
Software EngineerTeam
Xavier Garcia Cervantes
Data EngineerTeam
Pablo Reyes
Solutions ArchitectTeam
Álvaro Borao Fortún
Software EngineerTeam
Thanesh Tamalmani
Project ManagementTeam
Branka Sladakovic
AccountantTeam
Maryam Shokraniyamchi
Database EngineerTeam
Raúl Jareño Díaz
iOS & Android Software DeveloperTeam
Adam Schindler
Sales ManagerTeam
Yee Ling ..
Business Development Manager For APACTeam
Rayner Chu
Delivery Manager, Kuala LumpurTeam
Nacho Ruiz
Information Technology EngineerTeam

6 more people are available in the full profile.

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Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Investments & Acquisitions by Strands

Strands has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Expensr.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Personal finance management platform.
expensr.comSan Francisco, United States2007Apr 2008β€’β€’β€’β€’
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Complete acquisition details for Strands

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  • Deal sources
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  • Exports

Verified entity values are shown only after access is granted.

Timeline of Strands

5 dated milestones of Strands across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded Strands is founded.
  2. Funding First funding round of $2.3M.
  3. Funding Latest funding round, Series B, of $24.0M.
  4. Acquisition Acquires Expensr.
  5. Exit Acquired by Crif.

Web traffic of Strands

The website of Strands (strands.com) receives about 12.4K visits a month.

  • Monthly visits
    12.4K

    ▲ 20.2% vs previous month

Similar websites

Websites whose visitors overlap most with Strands. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
mint.com
100%
22.2K#1,462,133View details
practicalmoneyskills.com
99%
41.1K#757,400View details
budgettracker.com
83%
#5,361,899View details
budgetpulse.com
74%
10.3K#1,590,829View details
youneedabudget.com
63%
680.7K#989,469View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 9 similar websites and full traffic analytics for Strands

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  • Audience overlap
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Related news about Strands

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Complete news archive for Strands

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Frequently Asked Questions about Strands

Strands was founded in 2004 and raised its 1st funding round 2 years after it was founded.

Strands is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.

Strands is a funded company, having raised a total of $51.3M across 3 funding rounds to date. The company's 1st funding round was a Series A of $2.3M, raised on Mar 2006.

Strands is focused on transforming digital banking experiences for financial institutions worldwide. Solutions are provided to enhance customer engagement, adoption, and retention through data-driven personalization and AI-powered tools. Services are offered across retail, business, and green banking sectors, addressing needs with modular platforms like PFM, Engager, and Compass. Cross-selling opportunities are increased via personalized insights, while customer-centric journeys are prioritized over product-centric views. Partnerships with major banks are established to deliver tailored money management experiences.

Strands offers Strands PFM, Strands Engager, Strands Compass, Strands AI Copilot, and Carbon Footprint Insights.

Strands has made 1 acquisition, including Expensr.

Strands has 5 investors. Key investors include Crif, BBVA, Debaeque, Sequel Venture Partners, and Antonio Asensio.

Strands operates through Strands Labs, Inc.

Yes. Strands was acquired by Crif in March 2020.

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