The startup Unnax plans to turn its Barcelona headquarters into an international financial services hub controlled by PSG Equity, the US investment fund that has just acquired 100% ownership.
The company was in the hands of Jordi Pérez and Julián DÃaz-Santos, who founded the company in 2016, as well as several companies and investors, such as Grupo Elektra, Athos Capital and Segtech Ventures, who contributed around ten million in their capital. The purchase and sale operation was settled for around 40 million euros, as reported by El Economista.
“We are satisfied with the operation. It is still subject to the regulatory approval of the Bank of Spain, since we operate with an electronic money institution licenseâ€, says DÃaz-Santos.
The company will keep the 60 jobs linked to the Barcelona headquarters, as well as the leadership of Pérez and DÃaz-Santos, who will remain in the business for the long term. The future of the brand name is not yet clear. “PSG Equity has also acquired the French company Powens. In Europe we could operate under its name and in the United States, maintain the Unnax brand. We are still in negotiations.”
DÃaz-Santos assures that PSG Equity’s plans are ambitious. “The investment figure in Barcelona is still not clear, but the fund has the resources to turn our offices into an international digital finance hub. It is willing to acquire more competing companies to create a European giant in the open finance sector.
Unnax provides data aggregation and electronic payment services for financial and digital companies in Spain and Mexico. In 2022, it billed almost five million euros, which represents an increase of 40% compared to the previous year.
