Last year, the bank's specialist consumer credit subsidiary acquired 50% of Universo, a financial services entity belonging to the Portuguese group Sonae. At the time of the purchase, Universo had more than one million customers and lending of 400 million euros. This joint venture created the largest operator in this business segment.
Another milestone for Bankinter Consumer Finance in 2023 was the launch of Bkswipe. This is a native application where users can arrange a current account and an associated debit card, and can divide up any payments made in the last three months and pay them off in instalments quickly and easily.
Avant Money, the subsidiary in Ireland, began marketing mortgages directly (eliminating brokers), giving customers a new experience with a significant reduction in the time for mortgage approvals.
We use first and third-party cookies for analytical and statistical purposes and to show you personalised advertisements based on a profile compiled from your browsing habits (e.g. pages visited). For more information, click on our Cookie Policy. You can accept all cookies by pressing 'Accept' or personalise your choice by clicking on MANAGE OR REJECT COOKIES.