ING Group and PSN have provided $28.2m of series B funding for personal finance management app developer Fintonic, which will use it to expand in Spain and Latin America.
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…
