ICF Venture Tech II fund invests €500,000 in Goin - Capital-Riesgo.es
Summary
The ICF’s investment, coupled with funding from the other investors, will drive Goin’s growth in a twin-track strategy: enhancing the product and expanding the business to other European countries including Italy, Germany and the Netherlands. The Catalan start-up, founded by David Riudor and Carlos Rodriguez, started trading in 2017 with the aim of optimising the return on users’ money through two instruments: savings and investment. In fact, a study by the Edad&Vida Foundation and Esade researchers found that 63% of them do so using apps while 55% say they use digital payment methods to send money to friends or family. “Here at Goin, we think it shouldn’t just be people with high purchasing power who have the chance to tap into a financial adviser,” says David Riudor, CEO of the company. “Goin reaches out to a user profile which has growing purchasing potential because it speaks to them openly and in a language they understand, unlike many legacy banks,” points out Adrià Roca, a venture capital investment analyst at the ICF.