Skip to content

Spain – Fintech Market Entry Opportunities: webinar on June 3rd at 13h EET

innovation-ecosystem innovation insurance banking proptech fintech-digital fintech
Senior Advisor

Daria Mashkina

+34 603 645 130
daria.mashkina@businessfinland.fi
The fintech sector in Spain is growing fast. Investment in the sector has expanded by 20% and increased from EUR 245 million in 2019 to EUR 300 million in 2020.

Spain's fintech industry generates more than 12.000 technological jobs with high digital skills, with expectations that it 'will multiply in the near future'.

 - Despite the uncertainty generated in the business environment by the health crisis, we can affirm that the sector is growing day by day and is in very good health, since four out of every five jobs generated in the financial industry are directly related to fintech, innovation and technology, Finnovating experts affirm.

According to the 2021 FinTech map, the sector has 463 companies operating in Spain, which implies a 15% growth in the number of companies since 2020.The sectors that grew the most are WealthTech, Lending and PayTech – driving new business models.

Network at the webinar

During the Business Finland webinar on June 3rd 2021 at 13h EET, we will connect the expanding Finnish fintech ecosystem to fintech stakeholders in Spain. The goal of the webinar is to present various ways to enter the fintech market in Spain (including insurtech, proptech, regtech) and highlight the benefits for Finnish fintech players.

For example:

  • New digital platforms promoting the fintech ecosystem of startups, corporates and venture capitalists.
  • Innovations launched by the leading banks and insurance companies in Spain.
  • Hubs that specialize in fintech subsectors, such as the Payment Innovation Hub in Barcelona.
  • Specialized consulting companies that scout for innovative fintech products and solutions.

We have secured the participation of leading fintech stakeholders in Spain who will share their knowledge and experience during the webinar.

 - Rodrigo García de la Cruz, CEO and Fernando Álvarez-Cascos López, Business Development VP from Finnovating – a digital platform that connects more than 50.000 fintech, insurtech and proptech startups with major corporates and investors in Spain and LatAm. Mr. García de la Cruz is also a President of AEFI (Spanish Association of Fintech and Insurtech) currently representing 160 companies and promoting such projects as Fintech Sandbox in Spain.

 - Mario Cohen, CEO of Demtech and Spain's representative in Fintech Connector, will share his expertise on market barriers and fintech market specifics in Spain. Mr. Cohen will also provide insights into the fast growing Fintech sectors, such as BNPL, CrowdLending, Digital Payments, Industrial/Ecommerce lending, Neobanks, Insurtech.

 - Silvana Churruca, CEO and Sílvia García Méndez, Strategist from the Payment Innovation Hub in Barcelona will tell us about their approach to create the most innovative payment ecosystem in Spain and their collaboration with foreign companies.

For more information on the webinar and additional Fintech Spain materials, please contact Business Finland's Daria Mashkina.