Spain-based personal finance management platform Fintonic has completed a €25m ($28.2m) series B round featuring financial services group ING and insurance firm PSN.
Founded in 2012, Fintonic has built a mobile app that enables users to manage all their financial transactions across multiple banks, in a single place, while also accessing a credit scoring system provided by the company.
Users can additionally secure loans or purchase insurance from third-party providers through the site. Fintonic currently has more than 400,000 user across the two markets in which it operates, Spain and Chile.
The funding will support expansion in Spain and Latin America. It follows earlier investments from financial software provider Ideon Financial Solutions, Inception Capital and venture capital firm Onza Capital, which owned a 10% share of Fintonic as of 2014.