Spanish fintech ID Finance secures €12M credit line from a European Listed Bank; Know more

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Summary

Barcelona-based ID Finance, a company that claims to be a leading fintech in Spain and Mexico, announced that it has secured €12M in funding through a strategic deal with an undisclosed European bank. Founded in 2012 by ex-bankers Boris Batin and Alexander Dunaev, ID Finance specialises in delivering innovative financial solutions. The company leverages machine learning and advanced data science to offer competitive financial services to the underbanked, helping customers build credit profiles.

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