Question 1

What is Younited?

Accepted Answer

Younited is a European instant credit provider and fintech company operating as a fully regulated credit institution authorized by the European Central Bank (ECB). The Spanish branch, based in Barcelona, operates under the European banking passport framework, offering consumer loans and instant credit solutions across Spain. Younited specializes in data-driven lending powered by open banking technology and artificial intelligence.

As an EEA branch (CRD_EEA_BRA) of the French parent institution, Younited, Sucursal en España brings innovative instant credit decisioning and digital lending to the Spanish market.

As an EEA branch (CRDEEABRA) of the French parent institution, Younited, Sucursal en España brings innovative instant credit decisioning and digital lending to the Spanish market.

Question 2

When was Younited founded?

Accepted Answer

Younited was founded in 2009 in France by Charles Egly, Geoffroy Guigou, and Thomas Beylot under the original name Prêt d'Union. After spending two years obtaining a full banking license from the French regulator (ACPR), the company began extending its first consumer loans in 2012.

The company rebranded to Younited in March 2016 as part of its international expansion strategy. The Spanish branch was established in March 2017 and authorized by the Spanish banking regulator (Banco de España) on March 6, 2017.

Question 3

Where is Younited headquartered?

Accepted Answer

The Spanish branch of Younited is headquartered in Barcelona, Spain, with offices also located in Madrid. The parent institution is headquartered at 21 rue de Châteaudun, 75009 Paris, France.

Question 4

Where does Younited operate?

Accepted Answer

Younited, Sucursal en España operates throughout Spain, serving consumers and merchant partners across the entire Spanish territory. The company maintains a presence in major Spanish cities including Barcelona and Madrid, where approximately 100 employees manage customer and merchant relationships.

The branch leverages its European banking passport to offer services nationwide, focusing on both online and in-store credit solutions through partnerships with retailers and e-commerce platforms.

Question 5

What services does Younited offer?

Accepted Answer

Younited offers a comprehensive range of instant credit and payment solutions, including:

Consumer Credit Products: Amortizing personal loans ranging from €1,000 to €50,000 with maturities from 10 to 84 months. The company specializes in instant credit decisions delivered in seconds using open banking data.

Younited Pay: An installment payment solution for merchants that enables customers to finance purchases from €300 to €50,000 over 3 to 48 months, available both online and in physical stores.

Digital Services: A fully mobile-first platform with open banking integration (PSD2), AI-powered credit scoring, and paperless application processes. The platform delivers credit decisions in under 5 minutes on average with a customer satisfaction rating of 4.8/5.

Younited Coach: A free budget management tool providing personalized financial analysis and recommendations to help customers manage their finances effectively.

Question 6

What makes Younited unique?

Accepted Answer

Younited distinguishes itself as the only player in Europe to have obtained full credit institution status in France in the last twenty years, giving it unique regulatory advantages. The company pioneered the use of open banking for instant credit decisioning in Europe, processing applications in seconds rather than days.

The platform operates entirely on a cloud-based SaaS infrastructure, enabling seamless API integration for banking and fintech partners. Younited's proprietary AI-powered algorithms analyze bank account data in real-time to provide instant, accurate affordability assessments.

As a certified B-Corp in progress, Younited emphasizes responsible lending with transparent terms, no hidden fees, and no revolving credit products. The company serves over 1.2 million customers and has originated more than €6 billion in loans since 2012.

Question 7

What type of financial institution is Younited?

Accepted Answer

Younited, Sucursal en España is classified as an EEA Branch (CRDEEABRA) of a credit institution under European Banking Authority regulations. The parent entity in France holds full credit institution status authorized by the ACPR (Autorité de Contrôle Prudentiel et de Résolution) and supervised by the European Central Bank.

As a credit institution branch, it operates under French deposit guarantee schemes (Fonds de Garantie des Dépôts et de Résolution - FGDR) covering deposits up to €100,000. In Spain, it functions as a specialized consumer credit provider with intermediary banking services (CNAE code 6419).

Question 8

How does Younited use technology to transform lending?

Accepted Answer

Younited leverages open banking connectivity through partnerships with providers like Tink to access customers' real-time financial data within seconds. This enables the platform to compute holistic affordability assessments using advanced AI algorithms that analyze spending habits and income streams.

The technology stack includes machine learning models for credit risk assessment, automated decision engines, and seamless API integration for merchant partners. This approach reduces manual documentation requirements and delivers instant final credit decisions, revolutionizing traditional lending processes that typically take days or weeks.

Question 9

What partnerships does Younited have in Spain?

Accepted Answer

In Spain, Younited has established strategic partnerships with major retailers and technology companies to offer point-of-sale financing. Notable partnerships include K-tuin, the largest distributor of Apple products in Spain, enabling customers to finance Apple products both online and in-store.

The company works with over 1,000 points of sale and e-commerce platforms through integrations with Prestashop, Magento, and Shopify. These partnerships allow merchants to offer instant credit at checkout, increasing average basket sizes by 25% and revenues by 15% on average.

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About Younited in Spain