{
  "id": 14181070,
  "title": "Spanish fintech ID Finance lands €545M in debt and equity",
  "url": "https://urgent.news/2026/10/13/spanish-fintech-id-finance-lands-545m-in-debt-and-equity",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-13T10:33:39.000Z",
  "source": {
    "name": "Tech.eu",
    "slug": "tech-eu",
    "url": "https://tech.eu/2026/10/13/spanish-fintech-id-finance-lands-545m-in-debt-and-equity/"
  },
  "original_language": "en",
  "account": "Spanish fintech ID Finance has secured €545 million in debt and equity financing, aiming to make its consumer fintech app Plazo Spain the leading credit platform in the country. The company, based in Barcelona, did not disclose the specific breakdown of the equity and debt portion of the raise. International investors such as Spice Expeditions, WashU, Kingsway Capital, and the global investment firm i80 Group participated in the financing round.\n\nThe funds raised will be utilized to expand the product suite of Plazo, which integrates payments, shopping rewards, and short-term borrowing into a single app. ID Finance also highlighted that the company is venturing into buy-now-pay-later (BNPL) services to establish itself as Spain's \"go-to\" consumer credit platform.\n\nAlexander Dunaev, co-founder of ID Finance, expressed that the significant financing round serves as a strong endorsement of Plazo and the company's approach to modernizing consumer credit in Spain. Plazo saw a threefold increase in its portfolio in 2025 and achieved profitability, demonstrating that responsible, AI-driven underwriting combined with a superior product experience can scale successfully.",
  "summary": "Spanish fintech ID Finance has raised €545 million in debt and equity, it said today, as it looks to make its consumer fintech app Plazo Spain’s “go-to” credit platform.Barcelona-headquartered ID Fina...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}