BBVA Spark agrees up to €25m financing for Bravo
The consumer-finance company will expand credit and debt-settlement services.
BBVA Spark has agreed a financing facility of up to €25m for Bravo, which helps consumers settle overdue debts and regain access to credit.
Bravo combines debt-settlement services with credit products. The company operates across Latin America and Europe, including Mexico and Spain.
The agreement supports Bravo’s expansion of consumer financial services. BBVA Spark provides financing to technology companies as part of BBVA.
Use of funds
Expand consumer credit and debt-settlement services