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

September 24, 2019

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.

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