FSC: Completes its investment in a consumer financing company in Spain
- FSC completed its acquisition of a stake in JZ Lending Ltd, which controls Spanish consumer finance specialist Unión Financiera Asturiana
- The Bank of Spain has approved investment into this regulated financial services company
- Ufasa is an independent consumer finance specialist, founded in 1984 and headquartered in Oviedo
- Company investment has facilitated the acquisition by Spanish fintech company Zank, an omni-channel point-of-sale credit platform
- This acquisition will enable to underpin its strategy of digitalisation and modernisation of its business model
- Partnership with will allow us to accelerate strategy of growth, modernisation and digitalisation
