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Founded Year

2017

Stage

Line of Credit | Alive

Total Raised

$13.27M

Last Raised

$11.31M | 3 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-50 points in the past 30 days

About IBANCAR

IBANCAR is a fintech company specializing in asset-based lending within the financial services industry. The company offers a unique lending model that uses a borrower's car as collateral, enabling loans to be processed remotely and without physical contact, providing quick access to funds. IBANCAR's services cater to a wide range of customers, including those with limited credit history, by offering ethical and inclusive loan options. It was founded in 2017 and is based in Malaga, Spain.

Headquarters Location

Avenida Velazquez 89

Malaga, 29004,

Spain

+34952864645

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IBANCAR's Product Videos

IBANCAR's Products & Differentiators

    Ibancar Loan

    Digital car title loan

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Expert Collections containing IBANCAR

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

IBANCAR is included in 2 Expert Collections, including Digital Lending.

D

Digital Lending

2,271 items

This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.

F

Fintech

13,396 items

Excludes US-based companies

Latest IBANCAR News

Ibancar: Raises €10M in Funding

Dec 29, 2021

Ibancar Raises €10M in Funding Ibancar , a Madrid, Spain-based provider of a credit platform for consumers, received a debt facility up to an amount of €10m The round was led by Knuru Capital The facility has been led by global venture capital and private credit investor Knuru Capital and will allow the platform to fund its growing loan book and continue its explosive growth trajectory The facility will complement Ibancar s existing and ongoing debt funding from crowdlending marketplaces The company intends to use the funds to scale fast in Spain, expand its activity to Mexico as well as launch other auto related credit products The company plans to announce an additional institutional debt facility of up to €50m in 2022 - Advertisement -

IBANCAR Frequently Asked Questions (FAQ)

  • When was IBANCAR founded?

    IBANCAR was founded in 2017.

  • Where is IBANCAR's headquarters?

    IBANCAR's headquarters is located at Avenida Velazquez 89, Malaga.

  • What is IBANCAR's latest funding round?

    IBANCAR's latest funding round is Line of Credit.

  • How much did IBANCAR raise?

    IBANCAR raised a total of $13.27M.

  • Who are the investors of IBANCAR?

    Investors of IBANCAR include Knuru Capital.

  • Who are IBANCAR's competitors?

    Competitors of IBANCAR include Creditas and 4 more.

  • What products does IBANCAR offer?

    IBANCAR's products include Ibancar Loan.

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Kavak

Kavak is a company that specializes in the buying, selling, and financing of pre-owned cars within the automotive industry. They provide a platform for customers to purchase certified and guaranteed vehicles, offer vehicle inspection services, and facilitate car financing and after-sales support. Kavak primarily serves individuals looking for a reliable and convenient way to buy or sell used cars. It was founded in 2016 and is based in Mexico City, Mexico.

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