SEGO Finance

SEGO Finance is a Spanish investment group from Madrid that bundles five lines into one account: SEGO Factoring (crowdfactoring of invoices and promissory notes owed to Spanish companies, formerly Emprestamo.com), SEGO Venture (startup financing, mostly equity), SEGO Real Estate (property loans secured by a mortgage or a pledge), SEGO Creative (loans to film and cultural productions) and SEGO Funds (a remunerated account, deposits and index portfolios, distributed by a group company as an agent of MyInvestor Banco). Venture, Real Estate and Creative run on SociosInversores 2010, S.L., registered in 2011 and authorised by the CNMV on 14 April 2023 as a crowdfunding service provider under EU Regulation 2020/1503, register no. 7, for Spain only. Factoring runs on a second group company, Smart & Small, S.L.; the group holding SEGO Finance, S.L. dates from 2016. Uninvested money sits in a Mangopay wallet. Factoring investors deposit from 100 euros, each invoice sets its own minimum ticket between 50 and 1,000 euros, maturities run 30 to 150 days, and SEGO keeps 16.53% plus VAT of the interest earned. Money in an invoice stays there until the invoice is paid: there is no secondary market and no published repurchase obligation, though some invoices carry credit insurance, a surety or a guarantee.