Verticals

The Association is internally divided into 13 verticals based on the services offered by its members. In turn, each vertical covers services and companies of different business lines that set the financial trends within the ecosystem.

The primary objective of the Spanish FinTech and InsurTech Association (AEFI) is to promote the development of the FinTech and InsurTech ecosystem – always within an innovation framework – so that the different verticals or groups of operators / entrepreneurs that create initiatives included in the sector have a area in which project development is facilitated.

The Association is internally divided into 13 verticals depending on the services offered by members: advice and wealth management, personal finance, alternative financing, crowdfunding and crowdlending on assets or tangible goods, transactional services and currencies, means of payment, financial infrastructure, cryptocurrencies, Blockchain, InsurTech, online customer identification and onboarding, and the new Neobanks and Challenger bank. 

In turn, each vertical covers services and companies of  different business lines that set the financial trends within the ecosystem.

WealthTech

We have four types of advisory entities: investment networks; those that provide automated investment advisory services; those that provide automated management services; and trading platforms.

PayTech

All those entities that provide, either directly or through other entities, electronic means of payment.

Lending Online

This vertical encompasses entities, that after evaluating the borrower, provide collateral-free loans, as well as companies that manage and optimize credit sales for their clients

RegTech

This vertical groups together all those technology-based companies that create solutions aimed at meeting and adapting to the regulatory requirements of each sector.

Marketplaces and aggregators

Entities whose activity consists of raising funds for the purpose of investment in assets or tangible assets.

Neobanks

This vertical covers 100% digital banks, in other words, banks that depend on smartphones and social networks to establish their relationship with customers.

Onboarding

Companies that provide services aimed at identifying people at a distance through electronic means.

InsurTech

InsurTechs are companies that apply technology to the insurance sector. It is undoubtedly one of the branches that is experiencing rapid growth within the sector.

Digital assets

This vertical includes companies within the cryptocurrency ecosystem, from the creation of the algorithm to sales of cryptocurrencies, as well as the technology on which they are based, the blockchain.

Financial infrastructures

Those entities whose activity consists of the use and improvement of existing technology for the provision of financial services make up their own vertical within the AEFI.

Personal Finance

It is limited to comparison tools for financial products, as well as entities that provide personal finance optimization services.

Transactional Services / Currency

These entities share one aspect : avoiding the costs derived from bank intermediation.

Crowdfunding / lending

Entities whose activity consists of raising funds with the purpose of investing in financial or physical assets.

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