# ID Finance announces €545 million in funding to expand Plazo

_Published Tuesday, October 13, 2026 at 6:08 AM EDT · Capital, Products · Latest · Tier 2 — Notable_

![ID Finance announces €545 million in funding to expand Plazo — Primary](https://www.eu-startups.com/wp-content/uploads/2026/10/ID-Finance.png)

Barcelona-based ID Finance announced €545 million in debt and equity funding to expand its consumer finance app Plazo. Participants included Spice Expeditions, WashU, Kingsway Capital and i80 Group, which provided asset-based financing.

Plazo combines debit and credit services. ID Finance recently added Turrón by Plazo, which combines an e-money account, debit card and a buy now, pay later service for online and in-store purchases. The new funding follows €134 million in debt financing from i80 Group in early 2024 to grow Plazo's credit portfolio.

## Sources

- [EU-Startups](https://www.eu-startups.com/2026/10/one-of-spains-largest-recent-fintech-deals-sees-id-finance-secure-e545-million-to-scale-plazo/)

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Canonical: https://techandbusiness.org/newswire/ghm4bOQIlThZYSr7Xa5qnC
Published: 2026-10-13T10:08:21.581Z
Story chronology: 2026-10-13T09:46:59.000Z
Retrieved: 2026-10-13T12:01:56.727Z
Publisher: Tech & Business (techandbusiness.org)