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ARTICLE · 24 FEBRUARY 2020

Spain Publishes FinTech Guide

The recently issued Spanish National Securities Market Commission's guide on FinTech looks at the different types of FinTech companies and the considerations to bear in mind when using such services.

SpainTechnology

The recently issued Spanish National Securities Market Commission's guide on FinTech looks at the different types of FinTech companies and the considerations to bear in mind when using such services.

What has happened?

The Spanish National Securities Market Commission (CNMV) has published a quick guide on FinTech, noting this concept refers to "all those activities that involve the use of innovation and technological developments for the design, offer and provision of financial products and services".

What does this mean?

Among the entities that develop activities in this sector, the CNMV highlights the traditional financial entities that are already established and new companies which provide added value to some of the links in the value chain in the financial sector.

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