Madrid based e-commerce lender has raised $75m in Series B funding, led by Prime Ventures, SPF Investment Management, and Rinkelberg Capital Group.
Pagantis offers funding, with assessment based on credit scoring. The firm says its algorithm uses big data and machine learning to analyse fraud and credit risk. In Spain, Pagantis’ platform is called Paga+Tarde, which allows consumers to pay for goods and services in monthly payments via an automated process.
https://www.bankingtech.com/2019/03/spanish-fintech-pagantis-closes-e65m-for-e-commerce-financing/