• FOUNDING YEAR: 2013
    LOCATION:
    Spain
    REGION:
    Last Update:
    18 Oct, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Zank is an online lending platform that allows people to borrow a loan.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Retail consumer
EXISTING PARTNERSHIPS:
The company has partnership agreements with 100+ sales points.
COMMENT
Zank claims that it has lent over 3.5 million euros, with a portfolio of 4,000 investors registered till now(Apr 2017)

PEOPLE

FOUNDERS:
Oriol Chimenos, Luis Reig, Leonardo Ramírez
NUMBER OF EMPLOYEES:
1-10
INVESTORS:
Idea Ventura, Plug and Play Spain, Esade Ban, Crowdcube

TRACTION

VALUATION / MARKET CAP:
$7.91 MM in 2017
COMMENT:
Zank aims to connect creditworthy people seeking loans with fairer interest rates with investors who want to obtain better profitability from their savings(Apr 2017).

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$211 K
DATE OF LAST FUNDING:
Apr 2017
SEED & PRIOR FUNDING:
$211 K
SEED CLOSED ON:
Sep 2013
LISTED:
NO
COMMENT:
Cumulative equity crowdfunding: $818 K(Apr 2017)

LATEST RESEARCH