2023 Summary: International expansion and new strategic recruits

Dare to immerse yourself in the retrospective of a year full of successes! We will recap the milestones achieved, the challenges overcome and the ambitious goals on the horizon. Throughout these months, we have grown in many ways, both in the number of team members and in the number of developments implemented. This is the chronicle of an exceptional year!

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We strengthen our management, sales and IT team

In 2023 we have integrated several coworkers who will help us meet our objectives: Andrés Romerales joined Coinscrap Finance as Chief Operating Officer (COO) and is part of the advisory board too. He will focus on improving internal processes and uplift our position in the market, as well as strengthening and promoting our expansion in Latin America.

The arrival of Rubén Bajo as Head of Sales has also been very important, leading the commercial strategy in order to reach the objectives that we have set for the upcoming years. Agustín B. Noguerol has joined as SDR to support the sales team and our IT crew has also been reinforced due to: Rodrigo Ivkovcic, Federico Alvor, Jorge Briones, Jose Ramón Pérez, Jose Hucha, Miguel Ángel Fernández , Miguel Ángel Losada, Rubén Almeida, David Díaz and Carlos Zulueta.

A warm welcome to all of them!

The recently launched Coinscrap Finance Advisory Committee will help us increase the company’s projection and is made up of: Elena González-Blanco from Clibrain, Óscar Díez Martín from Indra México, Arturo González Mac Dowell from the Spanish Association of Fintech and Insurtech, Alfonso de la Nuez from UserZoom, Oriol Ros i Mas from Kalonia Venture Partners and Andrés Romerales.

New products and new customers: Achieving goals.

Our new product, COCO{Loyalty}, had a great kick off: several media covered the launch of EVO Banco’s Smart Cashback tool, powered by COCO. This module allows the entity’s customers access to an ecosystem of automatic rewards. “The technological innovation developed by Evo and Coinscrap Finance allows purchases made in partner stores to be identified in real time, and refunds to be executed immediately to the Evo account chosen by the user”, the company states.

We have also increased the capabilities of our banking data enricher, COCO{Enrichment}. After its launch in the Spanish market, it now has thousands of Mexican merchants automatically detected. Our tool is integrated into the digital platform of banks and insurance companies and is capable of displaying logos, geolocation and category of the store, in addition to detecting the carbon footprint associated with each banking transaction.

In the area of new business, we are helping five new entities to offer innovative tools to their users. Three of them are insurance companies and two are banks, several with great international relevance, which we will make public in the coming months. Two of these institutions are using our Micro Savings module and another is enjoying COCO{Categorization} with great results.

Latin America rediscovers Coinscrap Finance

Although in 2020 we made the leap to the Mexican market with Mapfre, developing its financial planner, our official landing took place this year at FINNOSUMMIT. Our CEO, David Conde; CTO, Óscar Barba and CMO, Juanjo Gómez, attended the event and spoke about how our solutions are capable of helping banks and neobanks enrich transactional data through Artificial Intelligence. We are currently carrying out several proofs of concept in Latam.

Our presence at international events and conferences

This has been one of our most active years in terms of presentations, round tables and elevator pitches. Here we mention the most notable forums in which we have participated:

Visa Innovation Program DEMO DAY

We close an important chapter at the end of this program, which has helped us position ourselves as pioneers in financial innovation. At the event we were able to meet potential clients and investors.

Lisbon RegTech Conference

At this event we share opinions with the main professionals in the sector and analyze how technology can drive innovation, reduce costs and promote regulatory change.

Milan Matching Days

We were invited, along with 19 other startups, to explore the European ecosystem and establish strategic alliances for our internationalization.

Minsait Payments & Forbes

Our CEO and co-founder participated in the round table “Open Finance: Towards an open ecosystem”, together with Leonardo González, Sales Director Europe of Afterbanks Arcopay, and Iker de los Ríos, Chief Strategy Officer of Fintonic.


As we mentioned, we were present at the largest collaboration platform of the Fintech ecosystem in Latin America, where entrepreneurs, executives of financial entities and investors meet to transform the industry.

Forbes Talks

This closed-door roundtable and breakfast represents very well where Coinscrap Finance is headed. Data Managers of the main Spanish banking entities such as Rubén Andrés, chief information officer of Evo Banco; Álvaro Fernández, Models & Data director at Santander Spain; Israel Rodríguez, Director of Innovation at Unicaja Banco and Carles Aldeguer, Director of Process Engineering at CaixaBank, gave their opinion on the future of artificial intelligence in the sector.

Fintech House Lisbon

On this occasion, David Conde was the moderator of the round table “How AI is transforming banking in Portugal”. An event that was attended by Ricardo Chaves, executive director of the AI Center of Excellence at Banco BPI, Bruno Tinoco, head of Data Science and AI at novobanco and Ricardo Moreira de Carvalho, Technology and Innovation Leader at Santander Portugal.

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Coinscrap Finance, the best financial health platform in the Spanish-speaking market

The time has come to talk about our objectives for 2024. After the goals achieved this year, we continue our collaboration with different Spanish and Mexican Universities on Data Science projects and the preparation of scientific papers. Especially from our CTO, Óscar Barba, who has already published three with the University of Vigo, where he is completing his doctorate.

We are on the path of growth, establishing collaborations with key market players, such as Minsait, Flanks, Alice Biometrics or Ges. In addition, we keep expanding the company and our objectives for this year are focused on Mexico, Argentina, Brazil and Portugal. Of course, we do not forget the national market and work to increase our client base in Spain.

Regarding our CSR policy, we are in the process of obtaining the “Net Zero” certificate and very soon we will announce all the details in this regard. At Coinscrap Finance we want to contribute to improving the quality of life of the entire team and make conciliation not just a nice word.

Thank you for joining us on our journey of innovation and personal development!
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