Below, we analyse the example of the company Bizum, which demonstrates the vialbility of the Fintech sector, as well as the latest capital increases carried out in Fintech companies, such as Verse or PLeo.
Each time there is a trend greater than bank decompartmentalisation. Thanks to this, transactions are carried out telematically and even payments or transfers are made instantaneously, without delay.
In this new ecosystem, there are companies that are beginning to take the lead over the large traditional banks with intuitive and easy-to-use applications, which has forced these banks to try to make the leap to digitalisation so as not to continue losing market share.
One of the most important companies in this sector at the national level is the company bizumfounded in 2016. Since then, it has been able to capture more than 2M usersThe 10M transactions and mobilise more than 600M€. These figures have demonstrated the viability of the sector and driven the entry of new FinTechs into the landscape.
Due to this expansion, the entry of investments is expanding in order to dynamise the sector and to be able to create competing companies.
Within this group we can highlight the following companies:
See is a FinTech that allows the management of transactions, payments, collections, refunds... online, managing virtual accounts that can be customised to the needs of each user.
At the end of May this company has raised €5.3M for facilitate and accelerate its growth and try to consolidate its position on the national scene..
Pleo is a FinTech focused on payments within the company's premiseswhether it is a cafeteria, vending machine, etc. In this way, processes can be streamlined and workers' nutrition can be monitored.
This innovative idea is a success in Scandinavia, and has led to the development of a $56M capital increase in early May, with the Stripes group being the largest investor in this "Series B" round.