IBANCAR
Founded Year
2017Stage
Line of Credit | AliveTotal Raised
$13.27MLast Raised
$11.31M | 3 yrs agoMosaic 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.
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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.
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.
Fintech
13,396 items
Excludes US-based companies
Latest IBANCAR News
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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Compare IBANCAR to Competitors
Klar is a financial services company offering credit card services, personal savings, and investment products. The company provides credit cards with no annual fees, savings accounts with daily growth, and flexible investment options with competitive returns. Klar's offerings are designed to cater to individuals seeking accessible financial products and tools for managing their finances. It was founded in 2019 and is based in Mexico City, Mexico.
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.
YoFio focuses on providing financial solutions to support merchants and micro-entrepreneurs. The company offers loans to help businesses manage cash flow, pay suppliers, and restock inventory without interest. YoFio primarily serves the small business sector with its credit app. It was founded in 2019 and is based in Mexico City, Mexico.
Cora is a financial services provider specializing in digital business accounts for small and medium-sized enterprises. The company offers a digital business account with no maintenance fees, credit and debit card services, and tools for invoice and charge management, all designed to simplify financial operations for businesses. Cora's services are primarily tailored to the needs of the ecommerce industry, offering features like free PIX and TED transfers, API integrations for billing, and centralized payment solutions. It was founded in 2019 and is based in Sao Paulo, Brazil.
Covalto is a financial institution focused on providing digital banking services and solutions for businesses. The company offers a range of financial products designed to help companies grow and strengthen their financial position. Covalto primarily serves the financial services sector, catering to the needs of businesses seeking modern banking solutions. Covalto was formerly known as Credijusto. It was founded in 2015 and is based in Ciudad de México, Mexico.
Addi provides consumer finance applications for the Buy Now Pay Later (BNPL) category. It facilitates credit purchases and interest-free installment payments. The company offers credit card and digital banking solutions through a mobile application that enables customers to pay in monthly installments. The company was founded in 2018 and is based in Bogota, Colombia.
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