ID Finance Raises €545M Series C+ Led by Spice Expeditions

ID Finance Closes €545M Series C+ Round

ID Finance, a Barcelona-based fintech founded in 2015, has raised €545 million in a Series C+ round. The round was led by Spice Expeditions and included participation from Kingsway Capital, i80 Group, and WashU.

What ID Finance Does

ID Finance runs an alternative consumer-lending platform in Spain and Mexico, offering small, short-term loans through a fully digital process under brands such as Plazo and Moneyman. The company reports more than 3.7 million registered users in Spain, positioning itself as the leading non-bank digital consumer lender there. Across its markets, the group serves over 10 million users.

Business Profile

ID Finance has been profitable since 2021 and was included for the first time in the Sifted 100: Southern Europe ranking in 2026. The company's digital-first model and focus on short-term consumer credit in Spain and Mexico give it a distinct position among European fintech lenders.

Round Details

• Company: ID Finance
• Headquarters: Barcelona, Spain
• Founded: 2015
• Stage: Series C+
• Amount: €545,000,000 EUR
• Lead Investor: Spice Expeditions
• Additional Investors: Kingsway Capital, i80 Group, WashU
• Funding Date: October 13, 2026

Why It Matters for Acquirers

ID Finance's scale in Spain and Mexico, combined with its profitability since 2021, makes it a notable player in digital consumer lending. The size of the Series C+ round suggests continued expansion capacity in its core markets. For strategic buyers in fintech, consumer credit, or cross-border lending, ID Finance offers an established user base and a digital lending stack across two distinct geographies.

The Takeaway

With €545 million in new capital and a lead investor in Spice Expeditions, ID Finance is well positioned to build on its position as a leading non-bank digital consumer lender in Spain. The company's inclusion in the Sifted 100: Southern Europe ranking in 2026 underscores its growing profile in the region. Acquisition watchers should note the company's profitability track record and its dual-market footprint in Spain and Mexico.