The fintech-proptech Gibobs.com, co-founded and led by Jorge González-Iglesias Baeza, closed 2024 with outstanding results, reflected in a 185% increase in the volume of real estate transactions managed. This notable growth has allowed the company to increase its revenue by 140%, reaching over 570 million euros in operations, highlighting the effectiveness of its business model based on technology and financial solutions tailored to the real estate sector.
Jorge González-Iglesias highlighted that these results are the result of the joint effort of his team and the trust that both clients and the country’s main financial entities have placed in them. The CEO reaffirmed his commitment to continue developing technologies that optimize financing processes for individuals and real estate developers, indicating that the residential sector has been the main driver of activity, representing 75% of the company’s operations in 2024.
Within the residential sector, the “build-to-sell” (BTS) model has dominated operations, reaching 75%, while “build-to-rent” (BTR) represented the remaining 25%. In addition, Gibobs.com has managed 10% of requests towards hotel assets and 5% in commercial assets. The average amount of the projects managed has ranged between 3.5 and 4 million euros, highlighting the diversity of projects addressed by the platform.
Another relevant aspect is the growth of alternative financing, which has come to represent around 15% of financing for developers in Spain during the last year. This figure is expected to increase significantly, reaching between 30% and 40% in the next five years, highlighting the importance of these solutions in the Spanish real estate market.
Gibobs.com operates through a fully online platform that optimizes times and processes for all actors in the sector. It offers a free service to individuals, allowing them to obtain various mortgage offers from multiple banks, thus facilitating the process with the support of a team of analysts with extensive experience in financing.
In the professional field, the startup connects real estate developers with over 70 financiers, providing the best conditions for financing projects of different scales. Gibobs.com, in its quest to digitally transform the real estate sector, collaborates with banking entities and companies in the sector, providing technological tools designed to improve operational efficiency.
Looking towards 2025, the company focuses on developing technologies that further optimize processes and minimize risks, aspiring to become a technological engine that drives the evolution of the sector and facilitates access to more efficient financial solutions.
Referrer: MiMub in Spanish
