In Spain, Bolsas y Mercados Españoles (BME) and Barcelona Tech City have set up a fintech hub on the Barcelona Stock Exchange. This was reported by the Banking News portal on July 22nd.
“”This center will initially be approximately 1,000 square meters and will have common spaces in the Barcelona Stock Exchange buildingand become Pier 05 of the Urban Tech Campus, ”they explained in the article.
“”The Fintech Hub plans to include companies, entrepreneurs and investors from the finance and technology sector in order to create an optimal environment that stimulates and promotes synergies in the entire value chain of the sector and also make it easier for startups to access the various resources of the capital markets, ”they added later.
On the other hand, BME said it would make its knowledge and experience available to companies. The idea is to let them grow through their market infrastructures.
The bank news clarified that the admission of the new space to the Urban Tech Campus is planned for 2021. This is due to the health crisis due to the corona virus.
In a statement, Javier Hernani, CEO of BME said:
“This reality expands BME’s ability to increase the number of companies represented in its markets, participate in useful technological solutions for its business purposes, and evaluate technologies that can be integrated into its range of services.”
It should also be borne in mind that it is an important step for Barcelona Tech City to consolidate a benchmark fintech sector to have BME as a partner.
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