Ibancar World

📍 Malaga, Spain🗓 Founded 2017👥 60 employees💰 Last funded Feb 2023
Financial Services🌐 linkedin.com
Website LinkedIn
Ibancar is a fintech company disrupting asset based lending in Spain and launching in Latin America. It is the only company in the world operating a 100% remote and truly frictionless asset based lending model using the borrowers car as collateral. Requiring no contact with the borrower or the car, Ibancar makes loans available within hours. Its creative and disciplined business model is purpose built for online distribution and massively scalable. Ibancars intelligent and innovative approach is a game changer for online lending. The use of collateral makes every applicant more creditworthy allowing Ibancar to lend larger amounts for longer periods to first time borrowers without the high losses incurred by other online lenders. This approach to lending gives Ibancar a huge competitive advantage generating a sector leading client lifetime value. Ibancar operates a sustainable platform offering ethical and well understood loans that are genuinely inclusive and have appeal across the entire credit spectrum as well as enabling the credit invisible and, with this sensible approach to risk, Ibancar is making payday lending a thing of the past.
4
Total investors
0
Early stage
3
Mid stage
1
Late stage
2017
Founded

Investors

4 investors
All
Early stage
Mid stage
Late stage
Investor geography2 countries
United Arab Emirates
2
United Kingdom
2
Investor activity2020–2023 · investors recorded per year
202022021120231
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Ibancar World?
Ibancar World has 4 investors on record on gritt.io, 3 mid-stage and 1 late-stage investors.
When did Ibancar World last raise funding?
The most recent investment in Ibancar World recorded on gritt.io was in February 2023.
When was Ibancar World founded?
Ibancar World was founded in 2017.
What industry is Ibancar World in?
Ibancar World operates in Financial Services. Find similar Financial Services investors on gritt.io.
Where is Ibancar World based?
Ibancar World is headquartered in Malaga, Spain.