BBVA Spark is increasing its challenge to help high-growth companies in Argentina, following its success in Spain and Mexico. The purpose of BBVA Spark is to offer these companies with the mandatory agility and adaptability to attain success. With its arrival in Argentina, native startups will profit from a complete vary of monetary providers, specialised help, and entry to the sector’s ecosystem.
Juan Kindt, Enterprise Growth Director of BBVA in Argentina, emphasised the financial institution’s dedication to supporting the Argentine technological ecosystem, acknowledging its day by day demonstration of innovation and ambition. Martín Zarich, Nation Supervisor of BBVA in Argentina, highlighted the importance of BBVA Spark’s launch as a significant dedication from the Group globally.
Roberto Albaladejo, the worldwide head of BBVA Spark, defined that the initiative is a part of the financial institution’s regional technique in constructing the very best banking providers for high-growth firms. This initiative provides a variety of tailor-made monetary services and products for startups and scaleups, together with versatile financing choices resembling enterprise debt and progress loans, complete banking choices, specialised help from know-how specialists, and entry to the ecosystem by connections with buyers and accelerators.
The assertion from the Group emphasised the importance of BBVA Spark’s arrival in Argentina for the nation’s technological ecosystem, providing native startups a novel alternative to entry specialised financing and monetary providers that may assist them develop and scale their companies. Presently, BBVA Spark works with over 600 high-growth know-how firms globally, having granted over 200 million euros in credit and invested over 600 million euros in enterprise capital funds.