Íkualo

ikualo.com ↗ ·Málaga ·Seed

Íkualo is a Spanish fintech neobank offering digital banking accounts, debit cards, and remittance services designed specifically for immigrants in Europe, letting users open a Spanish IBAN account with just a passport, NIE, or DNI. Founded in 2023 by Harold Correa Cardona, it has grown to tens of thousands of users and received a near €1M investment from businessman José Elías via his family office. Card issuance is processed through Bnext Electronic Issuer, E.D.E., S.L.

Founded
2023
Founders
1
Total funds raised
€1M
Rounds
1
Investors
1
Last round
Jul 2024
SectorsFintech, Neobanking, Financial Inclusion, Remittances Start-up MapFintech › Cross-border payments & remittances

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Founders

Harold Correa Cardona
Founder & CEO

Global models 5

Taptap Send
United Kingdom · www.taptapsend.com ↗
A mobile money-transfer app built for immigrants sending money home, earning on the exchange-rate margin, which matches Íkualo's remittance side.
$120M+Comparable
LemFi
United Kingdom · lemfi.com ↗
A digital account and remittance app for immigrants in Europe and North America that lets newcomers open accounts and send money home cheaply.
$85M+Comparable
Majority
United States · majority.com ↗
A membership neobank for immigrants that offers an account and debit card opened with a passport, plus international money transfers, almost exactly Íkualo's model.
$60M+Comparable
Zolve
United States · zolve.com ↗
Gives newly arrived immigrants a bank account and credit card with no local ID or credit history, earning from card interchange and financial products.
$55M+Comparable
Comun
United States · www.comun.app ↗
A mobile bank for Latino immigrants that opens accounts with foreign IDs and bundles debit cards with remittances, the same target customer and product mix as Íkualo.
$28MComparable

In the same niche 8 others

See all in the Start-ups Map →

Notes: Most funded first

Investors 1

José Elías Navarro (family office)
Led Seed 2024 Spain

Funding rounds 1

DateRoundAmountLead

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