Updated on Jun 16, 2023
Bit2Me raises €14 million to consolidate and expand cryptocurrencies in a secure way💰🔐.
Bit2Me, a leading Spanish company in digital assets, has closed a €14 million🤑 investment round. This investment gives them the necessary support in uncertain times for cryptocurrencies and also strengthens their position in the market after (or during) the crypto-winter🥶*.* Bit2Me's approach, based on quality and security🔐, sets them apart in a turbulent sector that brought huge losses🫣 for investors and that **slammed the brakes on the hyper-accelerated growth of crypto🎢. **With this investment, Bit2Me seeks to consolidate its position as the leading exchange in Spain and is going for expansion in Latin America, pursuing its mission to achieve global adoption of cryptocurrencies and position itself in the Web3 sector at an international level. It will maintain its **headquarters in Spain🥘, prioritising the security and experience of cliente🤝🏼.** Attracting strategic investors 👩🏻💼 and regulatory compliance 👮🏻♀️ is the response of this cryptoasset firm to fulfil its growth plans and global ambition 🚀. Its idea is to continue looking for **investors aligned with its innovation philosophy in the short and medium term📆.**.
👉🏻 Here is the news about the investment led by Investcorp and with strategic investors such as Telefónica Ventures, among others 💼.
👉🏻 Click here to read about Bit2Me in case you want to take a look.👉🏻 This recent investment has materialized under the leadership of the new CEO, Koh Onozawa, appointed just 3 months ago. Click here to read the news about the change of CEO for the expansion of the company.
2. A look back at the winners of the last 7 SouthSummits: the springboard to success🏆.
BusinessInsider brings us a look back at the last 7 SouthSummit🏅 winners. Those who years ago were winners of the event, today agree that they have a present and a future, which is not poco👌🏼. In all cases, **having gone through the event and winning it, marked their trajectory and always for the better😊.** This retrospective leaves us with a fairly representative timeline of the past decade, passing through sectors such as Proptech 🏠 (Spotahome), a unicorn 🦄 (Wallbox), HealthTech 🥼 (Amadix), Influencers (Streemloots) or Fintech 🏦 (Payflow), among others. **In a sector that is going fast as a rocket🚀, slowing down and reviewing is useful to evaluate with the perspective of time⏳, what was a hype 🆒 and what follows funcionando🙌🏼.**.
👉🏻 Read here the report with the last 7 winners of SouthSummit and see how they are doing. How many of them did you know or have you used as a user? 😉
3. Fintonic raises €5 million and hands over the management team 💳.
Fintonic, Spain's leading startup in the fintech sector, is handing over its management team for the first time in its history. After years of leadership, since Lupina Iturriaga and Sergio Chalbaud, founders and co-CEOs, created the company, they hand over to a new management team equipo👋🏼**.**.
Fintonic was one of the first apps to incorporate banking aggregation📚. Over time, the analysis of the user's financial profile allowed them to offer products such as insurance ☔️ or préstamos🫰🏼, based on the user's credit ranking✅.
With this investment entry, the company's debt has been capitalised and a change in the leadership and management📇. The company will now be managed through a kind of co-governance, with one professional representative from ING, one from SquareOne Capital and one from Fintonic👨🏻💼🧑🏻💼👩🏼💼.
👉🏻 Here is the news of the €18.5M investment round for Fintonic (€13.5M debt and €5M to consolidate)📰.
👉🏻 How we use OpenBanking technology with Wealty to give Cashback to users for every purchase they make where ever💸.
4. Twitter's social network competitor Spill launches iOS app in Beta Privada🗣️.
In the days when Elon Musk kept us on our toes, when he bought Twitter, there were many corpses left behind at camino🥷🏼. Between layoffs, disputes and dissidents, the former-twitters multiplied. Many took advantage of the pull (and the anger🤬) to found new companies with which to hurt their ex-jefe🖕🏼.
This is the case of Spill, the microblogging network with more visual content 👁️ and with a special commitment to communities. The social network has been structured with communities 👪 from the beginning instead of creating them a posteriori. This is something that makes a lot of sense when your mission is also to give prominence to traditionally underrepresented communities, such as black groups 🙋🏾♀️ or queer groups 🧔🏻♀️.
With a look that reminds us a lot of Tumblr, Spill launches 🔥 now in app via private beta and you can already join their waiting list to be notified when everything is ready📲. Will we adopt the meme-microblog-community concept as a way of expressing and informing ourselves🤓? We'll see🔮.
👉🏻 Here is the news in Techcrunch about Spill, its founder and which people are already joining as generators of contenido💇🏻♀️.
👉🏻 Here if you want to sign up for Spill's waiting list and be part of the launch (look at the aesthetics, it's super GenZ!👨🏼🎤).
5. Truckster, the truck relay company, receives €33M in Series B and Volvo's entry 🚛.
Trucksters, the Spanish transport technology startup based on truck relays, has closed a Series B funding round worth €33 million🙀.
In this round, new investors such as Volvo Group🚙, Continental Venture Capital, the European Investment Bank (EIB) and Axis, managed by the Instituto de Crédito Oficial (ICO) through FondICO💶, have entered the round.
With a significant increase in its revenues in 2022, it reached €30 million, representing a 300% growth compared to 2021📈.
This funding round will allow the Spanish startup to expand internationally and strengthen its technology and management team👔. They will also focus on expanding **new corridors 🚚 and consolidating their presence in the markets internacionales🗺️.* One of their CEO's mantra phrases sums up the company perfectly: Our relay system allows truck drivers to sleep at home😴.*.
👉🏻 Here is the news of the investment round for Truckster 🚛 🙌🏼.
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