Clicpiso expects to start trading on Euronext after opening its capital to LaFinca

September 24, 2019
Share this Post: 

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

The company has become one of the twelve start-ups selected to participate in the Euronext TechShare program, in which it will receive training in order to achieve a successful IPO, possibly in 2020.

Clicpiso expects to go public after opening its capital to La Finca. The company has become one of the 12 start-ups selected to participate in the Euronext TechShare program, designed to prepare companies for their potential IPO. During the eight months of the training, Clicpiso will receive tailor-made training with the aim of achieving a successful IPO, possibly in 2020.

The company, which was born in 2017, specializes in the sale of homes. In the purchase process, Clicpiso presents a free valuation of the client's property. If he accepts the offer, the start-up acquires the house without charging fees or commissions. Once renovated, these homes go on the market with the most complete certification in the market and with a free Mapfre home insurance year.

In April of this year, the company closed a round of financing of eight million euros led by LaFinca, the Cereceda family group. The company is made up of La Finca Global Assets, with a portfolio of twelve office buildings located in the financial center of Madrid and in Pozuelo de Alarcón.

The TechShare program has 75 financial industry partners such as Deloitte, Bbva or PWC. "The main benefit of the selected start ups with this program is to belong to a powerful financial ecosystem exclusively for technology companies, in addition to preparing for Pre-IPO and gaining visibility at national and European level," says the company.

In Spain it is not usual for technology companies to go public. In fact, only Antevenio and Lleida.net have done it. However, in the real estate sector more and more companies are betting on the pan-European stock exchange, since the entry requirements are less demanding than in the case of the Alternative Stock Market (MAB).

"It is a challenge and a pride that the most important European technological community in Europe has seen in Clicpiso the potential to belong to its community and thus prepare our IPO," says Francisco Moreno, CEO of the company.

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

Join us November 12-15 for the Property Portal Watch Conference Madrid 2019.

Property Portal Watch Madrid Summit 2019

Read more

Investment for Spanish iBuying Firm
Anti-Competition Fine for Spanish Portal
Fotocasa Debuts New Portal for Investors
1 2 3 638
September 24, 2019

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Costar Matterport
CoStar Group to Acquire Tech Firm Matterport for $1.6 Billion

CoStar Group has announced it will acquire the industry-leading real estate tech firm Matterport for $1.6 billion subject to shareholder...

Read More
Shutterstock 181374380
FangDD Full Year Financial Results for 2023: Net Losses Shrink as Revenues Rise

Chinese portal FangDD has released its full-year financial results for 2023, with optimism despite China's slow recovery post-pandemic. Highlights include:...

Read More
Domclick
What Is Domclick up To? Third Product Update in Less Than a Month

Russian marketplace Domclick has announced its third product and service upgrade in the past month alone. Domclick is owned by...

Read More
Square Yards
Square Yards in Talks to Raise $100M at $1Bn 'Unicorn' Valuation Ahead of Rumoured IPO

Indian-based Proptech platform and real estate marketplace Square Yards is in talks to raise $100 million ahead of flotation in...

Read More

Editor's Pick