Fintonic

Fintonic is a Spanish fintech company founded in 2012 by Lupina Iturriaga, Sergio Chalbaud, and Marcos Icardo, and headquartered in Madrid. The company operates a mobile-centric personal finance management platform that serves users in Spain, Mexico, and previously Chile until operations there closed in 2024. Fintonic's core offering is a financial aggregation app that allows users to connect multiple bank accounts and credit cards to gain a consolidated view of their finances. The platform automatically categorizes expenses, tracks spending across accounts, provides monthly forecasts, and delivers personalized financial alerts to help users optimize their financial health.

A key feature of Fintonic's ecosystem is the FinScore, a proprietary credit scoring system that evaluates how users manage their money and facilitates access to better financing conditions. The company operates as a loan marketplace, connecting users with personal loan offers of up to €50,000 from over 45 lending entities through a fully digital, paperless process. Beyond lending, Fintonic has expanded its product suite to include interest-bearing accounts, investment products including indexed funds and real estate opportunities, insurance brokerage services, and tools designed to help users reduce banking fees and increase savings.

Fintonic is licensed by the Bank of Spain to provide account information services and payment initiation services under the European Payment Services Directive 2 (PSD2), ensuring regulatory compliance with European open banking standards. The company has raised approximately $54.8 million to $90.6 million in funding across multiple rounds from investors including ING Ventures, PSN Group, and Onza Capital, with reported annual revenue reaching $35 million as of 2025. With over one million users and approximately 90 employees, Fintonic has achieved profitability for the first time in its history following a strategic business model update that included organizational restructuring and elimination of unprofitable business lines. The company continues to focus on its Spanish home market while maintaining operations in Mexico, where it has conducted targeted user engagement campaigns to build trust and drive account linkages in a market traditionally wary of financial institutions.