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The startup Sego Finance achieves an investment round of more than one million euros

The Sego Finance Group, a platform dedicated to retail investment in Spain, has closed a financing round of more than one million euros. In this operation they have participated GVC Gaesco, an independent financial group with more than 60 years of history, Angels, investment company of Juan Roig, JA Consult Holding, company that owns the Picaval securities house, and private investors and family office.

GVC Gaesco had previously bet on the Sego Finance Group leading a round of more than 1.5 million euros in 2020. Now, due to the expected growth of the group, it has decided to increase its stake and participate in this new capital increase. For its part, Angels, which is part of the Marina de Empresas entrepreneurship pole, aims to invest in entrepreneurial leaders to develop sustainable and connect them with inverters. Since its inception, it has invested more than 30 million euros in 34 companies.

Jaconsult Holding is the company that owns Picaval, the number 1 Securities House in Ecuador. For more than 25 years, it has offered its clients advice and support in investment and financing processes within the Ecuadorian Stock Market.

The main objective of this capital increase is the development of new business areas, investment in attracting new users and accelerating the growth of the company. The Sego Finance Group intends to begin its international expansion in the Latin American market starting to operate there as of 2022 and this round will allow it to continue fulfilling its strategic expansion plan in other locations.

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