Unnax will promote a hub in Barcelona under the control of PSG Equity

The startup Unnax plans to show its Barcelona headquarters into a global monetary providers hub managed by PSG Fairness, the US funding fund that has simply acquired 100% possession.

Unnax will promote a hub in Barcelona under the control of PSG Equity

The startup Unnax plans to show its Barcelona headquarters into a global monetary providers hubmanagementled by PSGFairness, the US funding fund that has simply acquired 100% possession.

The corporate was within the fingers of Jordi Pérez and Julián Díaz-Santos, who based the corporate in 2016, in addition to a number of corporations and traders, comparable to Grupo Elektra, Athos Capital and Segtech Ventures, who contributed round ten million of their capital. The acquisition and sale operation was settled for round 40 million euros, as reported by El Economista.

“We're happy with the operation. It's nonetheless topic to the regulatory approval of the Financial institution of Spain, since we function with an digital cash establishment license”, says Díaz-Santos.

The corporate will maintain the 60 jobs linked to the Barcelona headquarters, in addition to the management of Pérez and Díaz-Santos, who will stay within the enterprise for the long run. The way forward for the model title is just not but clear. “PSG Fairness has additionally acquired the French firm Powens. In Europe we might function beneath its title and in the US, preserve the Unnax model. We're nonetheless in negotiations."

Díaz-Santos assures that PSG Fairness's plans are bold. “The funding determine in Barcelona remains to be not clear, however the fund has the assets to show our workplaces into a global digital finance hub. It's keen to accumulate extra competing corporations to create a European large within the open finance sector.

Unnax gives information aggregation and digital fee providers for monetary and digital corporations in Spain and Mexico. In 2022, it billed nearly 5 million euros, which represents a rise of 40% in comparison with the earlier 12 months.

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