banktrack.comthe platform that allows control of the movements of all bank accounts by email or favorite messaging app, has successfully closed an investment round of 1M euros. It was led by venture capital funds K Fund Y 4Founders Capital, and more than 20 business angel as renowned founders of technology companies, including the Fintech sector such as Indexa Capital GroupJavier Fondevila and Bernat Ripoll, founders of holded.com and Fernando Egido, COO of Singular Bank among others.
banktrack facilitates the way in which users interact with their financial information, receiving all banking information in the simplest and most effective way possibledirectly by email, Telegram, Slack and after a long innovation project by WhatsApp.
Reference for users of bank accounts
With this round, the company wants to position itself as a benchmark for users of bank accounts who want to take control of their finances without having to consult and compare in a tedious operation by changing applications.. The injection will also be used to improve the multichannel nature of the product (Telegram, Slack and Microsoft Teams) and customer service, as well as promoting an international expansion strategy.
The main founder of the Barcelona company is Nacho González-Barros, founder of Infojobs and Mailtrack, together with David Álvarez (UBS) and Carlos Pérez (ING and Openbank), all of them, with extensive experience in starting up innovative projects, detected the lack of a platform that would allow centralizing all the bank accounts that the user has, regardless of the entity they belong to. With the aim of helping to manage and optimize the finances of individuals and companies, they launched Banktrack in Februarya platform that allows agglutinating movements and view all financial activity together.
Banktrack’s clients are individuals with bank accounts in different entities, as well as small and medium enterprises and startups with several partners who need to control the day to day of their financial statements.
Thanks to Banktrack, users’ habits are modified, saving time when consuming banking information. Instead of having to go into each of the banks to review the information, Banktrack sends personalized reports and alerts in a simple and visual format that allows you to review all the financial information on your favorite channels at a glance. In addition, companies highlight being able to give access to financial information to their employees without the need to share bank credentials.
Nacho González, co-founder and CEO of Banktrack.