Aplazame
A consumer credit company that provides instant financing service for online purchases.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 89 % | 181 % | 89 % | 56 % | 136 % | - | (19 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (2954 %) | (1890 %) | (2070 %) | (3226 %) | (2606 %) | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (3148 %) | (2124 %) | (2099 %) | (3455 %) | (3275 %) | 3 % | 6 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Aplazame operates as a fintech platform in Spain, offering instant financing solutions for online and offline purchases. The company was founded in 2014 by Fernando Cabello-Astolfi, who previously co-founded Ibercheck.com, a leading credit reporting company in Spain. This background in credit and data analysis informed Aplazame's approach to solving a key problem for e-commerce: high shopping cart abandonment rates. The founding team also included François Derbaix and Daniel Molina.
The company's core business revolves around a 'Buy Now, Pay Later' (BNPL) model integrated directly into a merchant's checkout process. When a customer makes a purchase, they can select Aplazame to split the payment into flexible installments, typically up to 36 months, with credit approval happening in seconds without extensive paperwork. Aplazame pays the merchant the full purchase amount upfront, assuming the credit risk from the consumer. This service helps merchants increase sales, boost average order value, and improve conversion rates by making purchases more affordable for customers. The company serves a wide range of sectors, including fashion, electronics, travel, and home goods.
Aplazame's revenue is generated through a dual-stream model. It charges a commission to its partner merchants for each transaction processed through its platform. Additionally, it earns revenue from the interest and fees paid by consumers who opt to finance their purchases. In a significant milestone, the digital bank WiZink acquired 100% of Aplazame in August 2018 to bolster its e-commerce strategy and expand its flexible payment offerings. Despite the acquisition, Aplazame continues to operate as an independent company, with Fernando Cabello-Astolfi remaining at the helm post-acquisition.
Keywords: Buy Now Pay Later, BNPL, point-of-sale financing, e-commerce payments, consumer credit, installment payments, fintech Spain, merchant financing solutions, online credit, flexible payments, checkout financing, payment gateway, retail finance, Fernando Cabello-Astolfi, WiZink, customer financing, digital lending, online shopping finance, payment installments, credit solutions