Jesús Álvarez joins Coinscrap Finance as new Head of Sales

At Coinscrap Finance we continue to grow! This week Jesús Álvarez Otero joins the team as Head of Sales. His mission will be the definition and implementation of the commercial strategy as well as the development of new clients, products and services.

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Jesús Álvarez has more than 14 years of experience in the retail sector, with a strong focus on international business development. He has lived abroad and has achieved distribution contracts with stakeholders from different cultures and countries. Throughout his working life, he has participated in different projects in the retail sector, managing companies in the Food & Beverage sector in Spain and the USA. He also participated in Mergers & Acquisitions, and with FI analyzing investment opportunities in different sectors in the northwest of Spain. He also analyzed income statements of different products and services, correcting deviations and improving processes.

Jesús is an economist, and in 2019 he graduated with an MBA from IE Business School.

With this hiring, Coinscrap Finance is moving steadily towards the achievement of objectives in this year 2021, betting on human capital, having as a priority objective the consolidation in Spain as the benchmark in micro-savings and financial planning for banks and insurers and start the international scaling.

In 2020 we launched our latest product, the COCO categorization engine, aimed at banks and insurers, which allows the platform to access bank data and classify them into 17 categories and 120 subcategories. The engine uses NLP (Natural Language Processing) and ML (Machine Learning) technology, which makes it fully configurable and adaptable, creating databases grouped by different criteria that can be filtered at the customer’s choice. Thanks to this new development, the platform allows to obtain a much more accurate financial health scoring, offering the user automatic recommendations and discovering cross-selling opportunities for banks and insurers.

At Coinscrap Finance we continue to work every day with the commitment to develop new products that make savers’ lives easier. 

The Coinscrap Finance family, with offices in Pontevedra, Ourense and Madrid, is already made up of 18 people and the plan for 2021 is to continue adding new profiles to the team to continue developing products and opening new international markets.

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