The financing will support new loan originations and the continued growth of ID Finance’s alternative lending platform in Spain.

1 September 2026 – ID Finance, a leading fintech group operating in Spain and Mexico, has secured a €21 million debt facility from nordIX, a German specialised asset manager, to support the continued growth of its consumer lending platform in Spain.

With more than 3.7 million unique registered users in Spain, the platform has established itself as the leading alternative lender. The new financing will provide further momentum for ID Finance's expansion and reinforce its positioning in the Spanish market.

The proceeds will be used to finance new consumer loans originated through the platform and expand its credit portfolio. By increasing the funding available for new originations, the facility will allow ID Finance to respond to continued demand for small, short-term loans delivered through a fully digital process.

At the same time, the agreement broadens and further diversifies the institutional funding base behind ID Finance’s alternative lending activity in Spain, providing additional capacity for its long-term development.

“This agreement marks another important step in the development of our alternative lending platform in Spain,” said Boris Batine, co-founder and CEO of ID Finance. “By increasing our lending capacity, it will enable us to finance more originations and continue expanding the portfolio. nordIX’s support also reflects investor confidence in the platform’s operating model, its established track record in Spain and the disciplined approach to risk management that has underpinned its growth.”

"I am delighted to partner with ID Finance and to contribute to its growth at an important moment for the Spanish market," said Claus Tumbrägel, Member of the Management Board of nordIX AG. "ID Finance's disciplined underwriting and strong compliance culture leave it well placed to adapt to regulatory change and to keep winning share as the market evolves. ID Finance is the clear market leader in digital consumer lending and the third lender we partner with in the country. Lenders like ID Finance extend faster, easier, and fairer credit to people traditional banks too often leave behind. This partnership reflects the strategy of our European Consumer Credit Fund, which backs the best non-bank lenders, those with strong digital capability and disciplined underwriting."

Strong financial momentum

During the first six months of the year, ID Finance originated over €190 million in consumer loans in Spain, generating c.€100 million in revenue. These results provide a strong financial backdrop for the new facility and the platform’s continued expansion in Spain.

The agreement brings together ID Finance’s experience in digital consumer lending in Spain and nordIX’s specialist expertise in European consumer credit and fixed-income investments. The Hamburg-based asset manager invests in consumer loan portfolios originated by established non-bank lenders and digital finance providers.

As part of ID Finance’s broader funding strategy, the facility will help the company maintain a diversified institutional funding base, increase the platform’s lending capacity and support its sustainable long-term growth in Spain.

 

About ID Finance

www.idfinance.com

ID Finance is a leading fintech company operating in Spain and Mexico. Founded in Barcelona in 2015, the company develops innovative financial solutions designed to address people’s real needs and help them achieve their financial goals. Its mission is to accelerate the digital transformation of consumer finance, while combining responsible practices with solid financial performance and high standards of integrity and customer satisfaction. In 2026, ID Finance was included for the first time in the Sifted 100: Southern Europe, the annual ranking of the region’s fastest-growing start-ups.

About nordIX

www.nord-ix.com/en

nordIX AG is an owner-managed investment boutique based in Hamburg. Founded in 2009, the firm specialises in fixed-income securities, private credit and derivatives, manages a range of public and special funds for institutional clients, and supports institutional investors in implementing their fixed-income strategies. Its clients include banks, insurers, pension schemes, fund-of-funds managers and independent asset managers, as well as individual investors and a growing number of family offices. Through its European Consumer Credit Fund, nordIX finances consumer loan portfolios originated by established non-bank lenders across Europe. Further information at www.nord-ix.com.

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