Private funding to the EU fintech and debt sectors
Private funding to the EU fintech and debt sectors
Funded Partners
Tragara Holdings provided €350.000 in seed funding to Deudafix. Deudafix is now Spain's largest personal insolvency company with over 150 staff operating from their Madrid HQ providing access to the ley de segunda oportunidad.
Tragara Holdings provides €250,000 in seed funding to Unifye. Unifye is a specialist debt restructuring company providing Funded Debt Settlement and Debt Management solutions to consumers.
Quantiva Capital is a fund of funds growth investor providing bespoke lines of non equity based funding to the EU personal insolvency and consumer debt markets.
Tragara Holdings was founded in 2019 in response to the rapidly changing personal insolvency environment in Europe created by the introduction of new debt forgiveness laws championed by the European Parliament. Driven by technology enablement to facilitate volume case handling and with a focus on customer care and compliance, Tragara Holdings are leading EU personal insolvency specialists.
In its first year Tragara Holdings funded Deudafix, a new entrant to the new fast growing Spanish personal insolvency market. Deudafix went on to establish themselves as the largest consumer insolvency provider in Spain.
With an established local management team in place, over 100 employees, client fees owed in excess of €10m and a completed CRM system automating all parts of the business for greater case volume handling, Deudafix consolidated its position in its second year as Spain's largest and best performing personal insolvency business.
Deudafix expanded its operation during 2022 to over 150 staff onboarding over 500 new insolvency cases per month increasing its book of fees owed to over €30m. Tragara Holdings expanded its support to debt solutions companies with Funded Debt Settlement provider Unifye.
Tragara Holding's focus is supporting the continued growth of Deudafix in Spain to 1.000 new client cases per month. Unifye will deliver the restructuring of over €200m in client debts across Spain and Italy. Quantiva Capital will seek to fund more personal insolvency operations in Spain develop 1.000 funded partner personal insolvency cases per month in addition to those of Deudafix.
