Trioteca, a Catalan start-up that offers digital services for taking out a mortgage, has just closed its first €1m round to consolidate its growth in the mortgage sector and expand its portfolio of services.
Since 1 June, the signing of a mortgage loan in Spain has changed considerably. Individuals, whether consumers or not, will see their rights improve and will assume some additional obligations when mortgaging a residential property.
That is why, Trioteca was born in January 2018 with the aim of helping people understand everything they sign and make the best decision, and basing its service on provide users with a mortgage comparatorThe average consumer is provided with transparent information and an accompanying process after the signing of the mortgage.
The company's business is supported by the commission they get from the 37 banks The customer does not have to bear any additional costs.
To reach this point, the firm has three levels of attention:
It is also a company with two added values:
Currently, Trioteca has more than 1,000 consumers who have either already signed a mortgage or are negotiating with the bank the conditions for it.
Recently, it has been able to lift 1M€ in what has been its first round of financing. An operation that has counted on the participation of Lanai Partners, and Arnal, but also with the participation of Business Angels from various sectors.
The objectives of this capital injection are to consolidate its technological strength and capacity and to reinforce its media capacity.
Fintonic has closed a new financing round with an investment of €19 million, after which the company will have a total value of €160 million. The transaction was led by ING VenturesThe company has also had the backing of other major shareholders such as the PSN group.
This is the Spain's leading personal finance applicationThe new system, which allows its users to better control their finances, meet their financing needs and make savings.
It is not only present in Spain, but also in Chile, where it has established itself as the leading finance app. In addition, it has just landed successfully in Mexico, opening offices in the country recently.
This transaction is the company's first blockchain lending transaction with a non-Spanish borrower.
Back in April, BBVA unveiled that it had become the first global bank to carry out an entire lending process using the blockchain, again in a partially private and partially public configuration.