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Fintech

Fintech

We spoke with Juan López Carretero, manager of Digital M&A at BBVA, whose department has mapped and compared the Fintech ecosystem in Spain. After this analysis he is well placed to tell us the state of the Spanish Fintech ecosystem.

“Simplicity is difficult. You have to know what interests the user you're targeting”. Jaime Bolívar, general manager of TechRules, highlights the points Fintech startups should keep in mind if they want to stand out from the crowd, particularly in the area of financial consulting.

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A year ago, Estanis Martín de Nicolás, general manager of PayPal Spain and Portugal, said that “the business of mobile payments is rapidly expanding all around the world and is increasingly present in the Spanish purchasing processes”.

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Mobile banking is not a service of the future: little by little it is becoming a part of the present. On a weekly basis, almost 25% of users in the United States already use mobile banking while only 14% go to a branch office. And proof of the above are the numerous apps flooding e-stores to offer financial services. The following is a selection of some of the most prominent ones.