Goin is a Barcelona-founded (2018) mobile app that automates saving and simplifies investing by connecting to users' bank accounts and offering goal-based saving, round-ups and transfers to a virtual piggy bank. The platform enables reinvestment of saved money with minimal user friction. Since launch it has grown to more than 350,000 users and in the first half of 2020 users saved more than in all of 2019, exceeding €1M saved per week. Goin currently has about 30 employees and plans to expand its staff by 75%. The €5M round will be used to accelerate European expansion—Goin began operating in Italy in May of the prior year and plans to enter the Netherlands, Germany and France in 2021—and to consolidate its leadership in Spain. Founders David Riudor, Gabriel Esteban and Carlos Rodríguez lead the company; CEO David Riudor highlighted the entry of prominent global investors as validation of the product and growth strategy. Goin is a Barcelona-based fintech that provides an automatic savings app aimed at millennials. Launched in March 2018 by David Riudor, CEO, the app integrates with users’ bank accounts to automate saving. The app is currently used by more than 100,000 users. Goin raised €2.2m in funding to support growth. The company intends to use the funds to grow the team, consolidate in Spain, and expand in Europe. The round was led by Anthemis with participation from Carina Szpilka. Goin is an app aimed at millennials that enables users to save and invest in different products without using traditional banks. The company has recorded strong early traction, with about 80,000 downloads and a day (May 10) when it led app-download charts in Spain ahead of major apps. Goin was founded by David Riudor, Carlos Rodríguez and Gabriel Esteban, who previously won a major U.S. blockchain hackathon together. The product targets young users who prefer nontraditional financial tools and offers automated saving and investment features. Financially, Goin completed its first funding round in 2018, which should support continued product growth and user acquisition. The article does not report revenue or other operating metrics beyond downloads.

Total raised

$9M

Funding rounds

3

Latest round

Equity

Latest activity

Jul 2020