Zone2boost
Jointly owned corporate innovation and investment vehicle of CaixaBank, Global Payments and Ingenico/Worldline (joint venture; 40% / 40% / 20% at launch)
Barcelona company set up in 2019 by CaixaBank, Global Payments and Ingenico to invest in and accelerate commerce-tech and fintech startups; €1.55M in 16 startups by Feb 2022; dormant since.
- HEADQUARTERS
- Barcelona, Spain
- FOUNDED
- 2019
- AUM
- —
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- —
FOCUS
- STAGES
- Pre-SeedSeed
- ASSET MIX
- Venture capital
- GEOGRAPHY
- SpainEurope
WHAT IT IS
Corporate VC. A corporation investing from its own balance sheet, usually with strategic goals.
ABOUT
Zone2boost was presented in June 2019 as a new company owned by CaixaBank (40%), Global Payments (40%) and Ingenico (20%), with IESE as collaborating institution and a planned initial investment of €5 million over three years. Selected startups in commerce technology and financial services received capital, workspace and mentoring, with the partners having preference to commercialise their products. Visa joined as a partner by January 2021. By February 2022 it had analysed 475 projects and committed €1.55 million to 16 startups.
INVESTMENT THESIS
Early-stage startups in technology for merchants and financial services, taken from seed towards Series A/B over six months to two years, with pilots alongside the partner companies.
PORTFOLIO (12)
- DelivereaSoftware & SaaS · since 2020
- PropposArtificial Intelligence · since 2020
- NemuruFintech · since 2020
- BitphySoftware & SaaS · since 2020
- PayflowFintech · since 2020
- FuellFintech · since 2020
- inAtlasSoftware & SaaS · since 2020
- Optimus PriceArtificial Intelligence · since 2021
- StockAgileSoftware & SaaS · since 2021
- WeecoverFintech · since 2021
- BooposFintech · since 2021
- SediciiFintech · since 2021
FAQ
Zone2boost is a corporate venture arm based in Barcelona, Spain, founded in 2019.
Yes. Zone2boost invests directly in private companies.
Zone2boost invests at Pre-Seed and Seed stages in Fintech, Software & SaaS and Consumer & E-commerce.
Zone2boost's investments include Deliverea, Proppos, Nemuru, Bitphy, Payflow, Fuell, inAtlas and Optimus Price, among others.
The most recent publicly reported investment by Zone2boost is Optimus Price, StockAgile, Privasee, Weecover, Sedicii, Boopos, Haddock and Personify XP (2021 cohort) (€750k committed to eight startups selected in 2021), announced in Feb 2022.
No. Zone2boost invests its own capital and does not raise money from outside investors.