ID Finance Secures €545 Million for Plazo Expansion
Barcelona-based fintech ID Finance has raised €545 million in debt and equity to expand its buy-now, pay-later operations.

Barcelona-based fintech ID Finance has raised €545 million in debt and equity to expand its buy-now, pay-later operations.

The Spanish government has introduced emergency decrees to cap rents and mandate lease renewals, triggering a significant withdrawal of rental listings from the market.

The euro has fallen to a 17-month low as political uncertainty in Spain raises concerns about the stability of the eurozone.

Renault is investing €600 million to modernize its Spanish plants in Valladolid and Palencia by 2030, introducing five new models and a battery assembly line.

Spanish power electronics firm NX Technologies has received €1.9 million in government funding to develop advanced traction inverters for light electric vehicles through 2029.

The Spanish brand Galloper has relaunched with two new frame-based models based on Nissan platforms and Mitsubishi engines, with sales starting in October.

Wallbox Chargers is shutting down its US production facility in Texas to consolidate manufacturing in Barcelona amid a debt restructuring process.

Spanish tech companies secured approximately €1.7 billion in H1 2026, with the top ten deals accounting for 68% of the total funding volume.

WeRide, Uber, and Moove Cars have secured Spain's first L4 autonomous vehicle operating license, with plans to launch Robotaxi services in Madrid by 2026.

Lionel Messi is set to acquire 100% of the Spanish second-division club CD Eldense from Colombian investment group TH Soluciones Group S.A.S.
