The leading communication group in Spain Atresmedia has participated in the new round of financing for an amount of five million euros launched by Goin, the startup founded in Barcelona of automatic savings and simplified investment. The main objective of the round is to continue the expansion of the company in Europe . The company began operating in Italy in May last year and plans to enter the Netherlands, Germany and France in 2021. In addition, it is committed to consolidating its leadership in Spain, where it has accumulated more than 350,000 users since its creation in 2018.
Anthemis, the most recognized British fund specialized in fintech in Europe, has led the operation and strengthens its position in the company, together with K Fund and Encomenda Smart Capital. In addition to Atresmedia, other investors have participated in the operation, such as the North American fund Hard Yaka, led by the multimillionaire and Twitter’s first investor, Greg Kidd; number two on Facebook, Javier Oliván; the founder of the first Spanish unicorn (Letgo), Enrique Linares, and TA Ventures, an investor in companies like Wallapop. “We are in a great moment for the company. The entry of world-class investors who trust in our value proposition allows us to predict a very interesting future in every way ”, says Goin CEO David Riudor.
The capital injection will also allow the workforce to be expanded by 75%, currently 30 employees. In the first half of 2020, Goin users have already saved more than during all of 2019, exceeding one million euros saved per week. The platform, created in 2018 by young engineers David Riudor, Gabriel Esteban and Carlos Rodríguez, makes it easier for its users to save by setting specific goals and other methods such as rounding off accounts or transferring part of the income to a virtual piggy bank. “Friction with the user is minimal. Goin allows you to connect the app with any Spanish bank to save without realizing it. In this way, anyone can achieve the goal they set, be it a mobile phone or retirement ”, concludes Riudor.
The company has positioned itself as the number one app in the Apple Store’s group of financial apps . Recently, the founders of the company have been included in the 30under30 list of Forbes Europe, being the first Spanish and the youngest in history to enter the finance category. Goin was also awarded the World’s Best Seed Startup by AngelHack, the world’s largest Silicon Valley-based engineering community specializing in driving technological innovation.
But how does the platform work? Goin is the first reference app in Spain that redefines how users achieve their goals through automatic savings and easy investment. All this thanks to an efficient, easy and safe method. By simply connecting the bank account, Goin allows you to activate simple automatic saving methods (such as rounding purchases) that help the user to save without realizing it.