Spanish fintech ID Finance’s strong financial results for the first half of 2023 explained

ID Finance Spain, a leading alternative lending fintech, recently announced robust financial results for the first half of 2023, demonstrating sustained growth and financial strength. The company reported first-half revenue of €59 million, while net income reached €4.4 million, following an 8% increase in its net portfolio which hit a new record of €51 million. […]

The post Spanish fintech ID Finance’s strong financial results for the first half of 2023 explained appeared first on EU-Startups.

https://www.eu-startups.com/2023/07/spanish-fintech-id-finances-strong-financial-results-for-the-first-half-of-2023-explained/

Created 2y | Jul 14, 2023, 9:20:30 AM


Login to add comment

Other posts in this group

Aachen-based Black Semiconductor secures €254.4 million to drive a new generation of chips in Europe

Black Semiconductor, a pioneer in next-generation chip technology, announced €228.7 million round, one of the largest funding for a deep tech company manufacturing chips in Europe to date. The comp

Jun 12, 2024, 8:10:08 AM | EU startups
Copenhagen-based Light snaps €12.1 million to scale general ledgers for global company’s finances

Light, the creator of a fully automated general ledger for multinationals, has come out of stealth today with a €12.1 million seed round to scale the first AI-powered general ledger for automating

Jun 12, 2024, 8:10:07 AM | EU startups
Zurich-based Rivia raises €3 million to address the critical inefficiencies in the current clinical trial process

Rivia, a Swiss startup specializing in AI-driven analytics and clinical trial data infrastructure for Biotechs, has secured a €3 million seed funding round led by Speedinvest. The funds will be use

Jun 12, 2024, 8:10:05 AM | EU startups
How to win over angel investors in a changed fundraising landscape

The startup landscape in 2024 has undergone a significant shift. A recent report from Pitchbook highlights that fewer rounds are taking place. Gone are the days of funding rounds fueled by inflated

Jun 11, 2024, 4:10:06 PM | EU startups
Düsseldorf-based Cognigy bags €93 million Series C  to accelerate AI automation around the world

Cognigy, a global leader in AI-first customer service automation, announced today that it has raised €93 million in Series C funding. The round was led by Eurazeo Growth, with participation from ex

Jun 11, 2024, 1:40:10 PM | EU startups
Empowering entrepreneurs: The success story of the M. Demajo Group (Sponsored)

The M. Demajo Group stands as a distinguished business entity in Malta, boasting a storied legacy of triumph in various sectors across numerous decades. Originally specializing in wine and spirits

Jun 11, 2024, 11:30:08 AM | EU startups
Berlin-based Cardino gets €4 million seed to accelerate its used EV sales model

Cardino, a pioneer in the used electric vehicle (EV) market, announced a €4 million seed funding round spearheaded by Point Nine. The funding round was supported by an array of distinguished angel

Jun 11, 2024, 11:30:06 AM | EU startups