The businessman and president of CEV Alicante, Perfect Palace, and the founders of the Alicante technology company FacePhi Salvador Martí and Javier Mira will be part of the board of directors of the financial marketplace Zonavalue, after participating in the investment round of 500,000 euros that this company has just closed. This was announced this Friday by the firm itself, based in Valencia, which will use the cash to prepare its IPO on BME Growth, where the Alicante company is already listed.
Zonavalue is a Spanish “marketplace” specialized in advice, training and selected financial products promoted by Jose Ivan Garcia, CEO of the company, and Lorenzo Serratosa, who holds the position of president.
Precisely the relationship between Alicante entrepreneurs and the startup is due to the fact that Serratosa is one of the FacePh shareholdersiy is also the fourth investor of the Intercity, the soccer team that Martí, Mira and Palacio want to become the first to debut on the Spanish stock market.
The investment round you have just closed is the first phase of a financing plan of up to five million of euros with which it plans to put on the market between 10% and 20% of the capital to strengthen all the strategic areas of the company with a view to going public, in addition to boosting its inorganic growth through acquisitions that add value added to the group.
With it, new investors have been admitted, who trust in the project and in the idea of promoting technology-based companies in Spain, to configure the board of directors which will strengthen the organizational structure of the company and define the strategy to follow in the coming months. In this way, Palacio, Martí and Mira will be part of this governing body, together with the founders of Zonavalue and the lawyer Manuel Vera, who will be a director and secretary.
With its IPO plans, Zonavalue wants get visibility and international projection, in order to establish itself in Latin America (in countries such as Mexico, Chile, Colombia and Peru) and launch its services in the United States. In addition, the company, which plans to double its turnover to 3 million euros this year, intends to become a training and advisory hub, convinced that financial culture is essential for good savings and investment management, in a context where banking, low-quality products, the culture of debt or the lack of savings still weigh on our society.
More than 20,000 users Since its founding in 2010, Zonavalue is the largest marketplace for investment products and financial training in Spanish. In it you can find selected financial products and services with advantages that are complemented with training, information, advice and an investor club, creating a comprehensive ecosystem around savings and investment.
Eddie is an Australian news reporter with over 9 years in the industry and has published on Forbes and tech crunch.