Wealth Reader, an innovative Spanish fintech company, announced today that it has received official authorization from the Bank of Spain to offer account information services. This approval, granted in July 2024, marks a significant milestone in the company’s journey and expands its ability to provide comprehensive financial information to its clients.
Founded in 2023, Wealth Reader has quickly established itself as a key player in the fintech sector, offering its users a detailed and consolidated view of their financial assets. The platform, which already provided information on current accounts, cards, debts, and investment portfolios in various countries such as Switzerland and the United States, will now be able to extend its services to bank accounts across Europe.
David Lozano Lucas, CEO and founder of Wealth Reader, commented on this achievement: “This authorization from the Bank of Spain marks a significant milestone for Wealth Reader. It allows us to offer our clients a complete financial view, now covering their bank accounts across Europe. We are committed to innovation in the fintech sector and will continue to work to provide solutions that simplify our users’ wealth management.”
The new authorization will allow Wealth Reader to consolidate its position in the Spanish market and lay the foundation for expansion to other countries in the European Union. Wealth Reader clients will benefit from comprehensive coverage of financial products, resulting in significant reduction of manual work, fewer errors, and considerable time savings in managing their personal finances.
Wealth Reader prioritizes the security and privacy of its users. The company holds the ISO-27001 certification, audited by AENOR, which is globally recognized as the highest standard in information security. This means that Wealth Reader follows international best practices to protect its clients’ data. Additionally, the company only accesses a user’s financial information when they give explicit permission.
With this new capability, Wealth Reader positions itself at the forefront of fintech solutions in Spain and Europe, offering its users a powerful tool for comprehensive financial wealth management.
For more information about Wealth Reader and its services, visit https://www.wealthreader.com/es/.
About Wealth Reader:
Wealth Reader is a Spanish fintech company founded in 2023 that provides its clients with detailed and consolidated information of their financial assets across multiple entities and countries. With a strong commitment to innovation and security, Wealth Reader is transforming the way people manage and understand their global financial situation.
via: MiMub in Spanish
