Spain-based personal finance management platform Fintonic has secured €19m ($21.4m) in a funding round led by financial services group ING that included participation from insurance firm PSN.
The round also included contributions from other existing investors, and it valued Fintonic at approximately $180m. ING Ventures, the corporate venturing arm of ING, increased its stake in the company to 22% with its investment.
Founded in 2012, Fintonic has created a mobile app designed to help users manage and collate all of their financial transactions in a single place.
The platform, which has more than 700,000 users across Spain, Chile and Mexico, also enables users to apply for loans and purchase insurance from third-party providers.
ING and PSN previously contributed to a $28.2m series B round for Fintonic in June 2017. The company said media group Atresmedia, financial software producer Ideon Financial Solutions, Inception Capital and Onza Capital are among its earlier investors.