Spanish fintech ID Finance raises €545M in debt and equity
Barcelona-based ID Finance has raised €545 million in debt and equity to expand its consumer finance app Plazo, which combines payments, shopping rewards and short-term borrowing. Investors include Spice Expeditions, WashU, Kingsway Capital and i80 Group; Plazo tripled its portfolio in 2025 and reached profitability.
- ID Finance raised €545M in debt and equity
- Investors include Spice Expeditions, WashU, Kingsway Capital and i80 Group
- Plazo tripled its portfolio in 2025 and reached profitability
- Funds will expand Plazo's product suite, including BNPL
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