Fintonic — Other · €5M

Madrid personal-finance and open-banking fintech Fintonic strengthened its capital structure with a total operation of more than €18 million, consisting of €13.5 million of existing debt capitalised plus €5 million of new equity led by Miami-based SquareOne Capital with continued backing from ING and most existing shareholders; no venture stage was disclosed. Founders Lupina Iturriaga and Sergio Chalbaud stepped down as co-CEOs as part of the deal. Note: coverage dates vary — marketing4ecommerce published 16 June and Webcapitalriesgo 20 June 2023, while a Europa Press/Bolsamania wire appears to date from 14 June, just outside the requested window.