Global PayTech Ventures announced its recent investment in Gibobs Allbanks whose cutting edge fintech platform is helping consumers, companies, and providers of financial services to find their ideal match through the integration of sophisticated technology and personalized human analysis. The platform is the first of its kind in Europe to bring consumers ‘out of the dark’ in the process of obtaining mortgage financing along with additional services to improve their financial ‘health’. Like Credit Karma in the US, Gibobs helps European consumers and companies to understand their financial ability to obtain financing and how to improve it. The platform goes further by assigning personal financial analysts who negotiate on behalf of each of their customers for the most competitive offers for their home financing products, such as mortgages, payment tools and insurance, as well as loans for construction companies, developers, and real estate players.
A data-driven, consumer-focused fintech platform designed to help loan/credit seekers to understand their overall financial situation, understand their ability to secure various financial services and acquire a competitive analysis of options offered by major banks and other entities participating on the platform. Founded by Jorge González-Iglesias, serial entrepreneur who previously founded the carsharing company Bluemove, which was successfully sold to Europcar Mobility Group, and Óscar Bañó, former global director of the Risk area at BBVA. Gibobs’ risk analysis tools allow users to understand their total financial situation and secure optimal financing. Gibobs is initially targeting Spain’s mortgage market, approximately 400K mortgages per year, but they plan to expand into the broader European mortgage market and add additional loan services. In 2022, Gibobs plans to launch a version for SMEs. With its multifaceted systems designed to address the financial needs of individual consumers and businesses, Gibobs’ President González-Iglesias likens the platform to Apple’s iOS operating system — “Gibobs is the iOS for financial services. Global Paytech Ventures (GPT) is a venture capital firm that invests in early stage paytech companies that are looking to raise seed, Series A, or Series B round funding. GPT is led by Javier Perez and his sons, Daniel Perez, and Kristofer Perez — each have extensive payments industry expertise.