Helloteca announced €720k capital investment from Padeinvest

Spain Investments 27 November 2019
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Helloteca, a Madrid, Spain-based company working for the development of a digital mortgage platform, announced the completion of a €720k ($800k) capital investment round.

The funding was supported by a local angel network from Spain, Padeinvest.

Helloteca, founded in 2018 and led by CEO Juan Pablo Caturini, built a digital platform specialized in the management and advice of mortgages, as well as offering the mortgage product. The company estimates to have about 1,000 mortgages under management and about 300 signed off by the end of 2019, as it aims to achieve a 3% market share by the end of 2020.