Banktrack funding news – Spain-based Banktrack Secures €2Million Seed Funding

It wants to provide startups, small and medium-sized businesses, and independent contractors better control over their spending and income. In addition to offering control over present and future income and expenses, the programme also offers email and WhatsApp financial alerting. It has added 500 customers since its start and plans to add 2,000 by the year's end.

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Leading the round were Kfund, 4 Founders Capital, and LifeX, with assistance from ENISA and over twenty business angels with backgrounds in starting tech startups. With a €1 million initial investment, businessmen David Álvarez, Nacho González-Barros, and Carlos Pérez created Banktrack in 2022.

Co-founder Nacho González-Barros said, "The funding round will allow us to drive our growth to validate the business model in Spain this year. Once achieved, the goal in 2025 will be to start operations in other European countries,".

About Banktrack

Banktrack, guide to Making a financial projection,estimate future income and expenses based on historical data and realistic assumptions. This practice allows you to anticipate financial situations and make informed decisions that lead to the achievement of long-term financial goals.