Pollen Street acquires majority stake in leading technology-driven Credit & Real Estate platform Finsolutia
Pollen Street today announces it has acquired a majority stake in Finsolutia, a leading technology-driven credit and real estate platform based in Iberia.
Finsolutia is a leading technology-driven servicer in Iberia, offering independent Loan and Real Estate management services through innovative business processes and disruptive proprietary technology. Finsolutia has offices in Lisbon and Madrid, with over 350 highly qualified professionals managing c.€6bn in Assets under Management, working with some of the largest institutional investors in the Credit and Real Estate industries as well as renowned financial institutions in the region.
Finsolutia launched its activity in 2007 in Portugal, initially focused on the Credit and Real Estate industries operating as a servicing-driven business, managing to accumulate strong capabilities and know-how that later supported the evolution of the company to a tech-driven business. Anchored on its unique technological infrastructure, the company diversified its core business towards new highly profitable businesses, becoming a leading technology-driven Credit & Real Estate platform operating under multiple brands (Finsolutia, FS Capital, Izilend, Twinkloo, Sell&Go and Nolon).
Pollen Street’s investment will reinforce and enhance Finsolutia to continue its strong growth trajectory in its technology driven core offering as well as expanding into new geographies and diversifying its customer base.
The closing is expected to happen in the coming months, following customary regulatory authorizations.
Commenting on the announcement, Nuno ES Silva, Founder and Managing Partner at Finsolutia, said: “It’s with great enthusiasm and ambition that we welcome Pollen Street as a key shareholder. Pollen Street’s significant expertise and experience in financial services and tech-enabled businesses will be a great lever to reinforce our capabilities and rapidly expand our offering in Iberia as well as the expansion into new geographies.
The growth capital and resources now made available by Pollen Street will allow us to further develop our tech-enabled business offering to financial institutions, assets owners and investment funds. We look forward to this new growth journey, that would not be possible without the continuous support of our clients and stakeholders.
Lindsey McMurray, Managing Partner at Pollen Street, said: “Our investment in Finsolutia not only adds a business of significant quality to the Pollen Street portfolio, but also brings with it a driven and highly experienced team. Nuno and the team have grown Finsolutia into a leading technology-driven player in the market and achieved impressive growth in the business since inception. We believe now is the right time for Finsolutia to further penetrate the European market, whilst continuing to maintain their high level of customer service and we look forward to working with the team on this chapter of their growth journey.”