Fintech Finizens SL

Fintech Finizens SL is a pioneering robo-advisor based in Madrid, Spain, specializing in automated investment management solutions that cater to diverse investor profiles with optimized portfolios. Founded in 2015 by Giorgio Semenzato, Fintech Finizens SL operates as a robo-advisor offering investment management services. The company is headquartered in Madrid, Spain, and has completed a total of 5 deals, with their most recent being a Series B funding round in February 2022, raising EUR 3. 300 mn from investors such as Axon Partners Group, Caser Seguros, and Fintech Ventures Fund.

The total amount raised by the firm stands at EUR 3. 300 mn, with a current company valuation of EUR 4. 119 mn. Finizens operates as a robo-advisor specializing in investment management, offering automated solutions that cater to a wide range of investor profiles through diversified portfolios.

The company provides access to index funds and exchange-traded funds (ETFs), designed to optimize investment returns while minimizing costs. Its services include global and thematic portfolios, suitable for both conservative and aggressive investors, tailored for individuals as well as organizations dissatisfied with traditional banking returns. The product offerings are primarily focused on the Spanish market but aim to appeal to investors seeking diversified exposure across various asset classes and geographical regions. In 2023, Finizens reported a revenue of EUR 944,294 with an EBITDA of EUR -778,242.

The company generates revenue primarily through management fees associated with its investment portfolios, employing a tiered pricing model where clients benefit from reduced fees as their investment amounts increase. This model aligns the firm’s interests with those of its clients, particularly through flagship products like the Finizens Investment Plan and Finizens Pension Plan, which are designed for both individual and institutional investors. Fintech Finizens SL is actively working on expanding its product offerings and geographic presence. The company plans to launch new investment products aimed at enhancing portfolio diversification by the end of 2023.

Additionally, Finizens is targeting expansion into other European markets, which are expected to be pursued over the next two years. The EUR 3. 300 mn raised in the Series B funding round will support these initiatives, particularly following the acquisition of a 5 percent minority stake by Mutualidad de la Abogacía in February 2022.