The British fintech Hastee has acquired Barcelona-based Typs, founded just eighteen months ago, with the aim of becoming the largest group of "financial wellness and health services" for workers in Europe and Latin America. Typs is dedicated to offering on-demand salaries, an innovative process that allows employees to see their available salary and transfer the amount they need at any given moment through the application created by this startup. Afterwards, the company that has contracted its services pays the payroll to its employee, subtracting the amounts previously advanced by Typs.
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The Barcelona startup was incubated by Carlos Blanco's NuclioVenture Builder, and received support from Encomenda, Banco Sabadell, and the Institut Català de Finances (ICF). It will now become part of the operations of the UK group, also specialized in on-demand salaries. The CEO and co-founder of Typs, Jaime Jiménez, believes that its integration into Hastee will allow its clients to have an "even broader" range of financial services and that they will be able to implement them on a multinational scale with a single interlocutor. "With the financial support we now have, we will be able to cover the great demand we were experiencing due to the pandemic, especially from large companies, listed companies, and public administration," says Jiménez.
Hastee recently raised a total of 243 million euros in one of the most significant financing rounds in Europe in recent years. With the acquisition of Typs, it will enter Southern Europe and Latin America, consolidating its international coverage and expanding its service offering. For Hastee founder and director, James Herbert, Typs "is not only an unbeatable partner" for implementing their international strategy, but also "a very complete financial wellness solution" that enhances their value proposition.