Finteca
Easy way to get a mortgage.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| EUR | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | (32 %) |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| % profit margin | (45 %) | (55 %) |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Company filings or news article
Related Content
Finteca, a Spanish mortgage technology firm, was established in 2021 by founding partners Dafne de Jong and Iñigo Ory. The company's inception is rooted in the founders' direct experiences with the complexities and inefficiencies of the traditional mortgage acquisition process, which inspired them to create a streamlined, digital-first solution. De Jong brings a background in marketing, branding, and business development from her time at companies like Kantar and The HEINEKEN Company, while Ory contributes expertise in strategic consulting and real estate investment from his tenure at firms such as Bain & Company and his own ventures.
Operating within the Spanish real estate and financial technology sectors, Finteca targets prospective homebuyers seeking to navigate the mortgage landscape. The platform functions as a digital mortgage broker, connecting clients with a wide array of banking partners to find suitable mortgage products. Its business model is based on a success fee paid by the lending institution upon the successful formalization of a mortgage, ensuring the service remains free of charge for the end-user. This approach aligns the company's revenue with the client's success in securing financing.
The core offering is a digital platform that guides users through the entire mortgage process, from initial assessment to final contract signing. Clients begin by completing an online profile and uploading necessary documentation, after which Finteca's technology analyzes their financial viability. The platform then presents a selection of pre-approved mortgage offers from its network of partner banks, allowing users to compare terms transparently. A key feature is the assignment of a personal financial expert who provides guidance and negotiation support throughout the journey, blending automated efficiency with human oversight. The service manages all interactions and paperwork with the banks, aiming to simplify a traditionally bureaucratic procedure into a more efficient, mobile-accessible experience.
Keywords: mortgage technology, proptech, fintech, digital mortgage broker, real estate finance, home loans, financial advisory, mortgage comparison, property financing, spanish market