What Pensium does

Pensium is a Madrid-headquartered Spanish financial services company that provides property-backed financing to help elderly individuals pay for nursing home care or in-home professional caregivers without selling, mortgaging, or pledging their homes. The company's two core products — "Pago de Residencia" and "Pago de Cuidador" — advance funds to clients by renting out the client's property and channeling the rental income as guaranteed monthly contributions toward care costs, while preserving property ownership throughout the program. Founded in 2016, Pensium operates through two legal entities (Pensium S.L. and Pensium Direct S.L.), both registered with the Bank of Spain as Real Estate Credit Intermediaries (codes D037 and D036), and runs a regional office in Barcelona alongside a delegated partnership model (e.g., Cierzo Gestión / Fundación Rey Ardid in Aragón).

The company runs a sales-led, high-touch GTM built around personalized advisory consultations, a website-based simulator, and an extensive referral network spanning four Spanish banks (Banc Sabadell, Abanca, Kutxabank, Ibercaja), major senior care operators (Sanitas, DomusVi, Amavir, FIATC, La Saleta), industry associations (CEOMA, AERTE, acra), and social-worker networks. Revenue is generated through transaction-fee economics on the residence program and managed-services fees on the caregiver program, with no public pricing. Pensium is B Corp certified (95 points, 2018), holds a documented Criminal Compliance Program (last updated October 2023), and is recognized by Ship2B as an Empresa con Impacto Social — certifications that anchor its positioning as a regulated, socially-oriented alternative to traditional reverse mortgages or distressed property sales for Spain's elderly population.

Name

Pensium

Legal name

Pensium, S.L.

Website

https://pensium.es

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Pensium is a Spanish financial services firm that helps elderly property owners pay for nursing home or in-home caregiver costs by renting out their property, preserving ownership. It operates nationwide in Spain via two Bank of Spain-registered entities.

Ownership category

akta.pro rank

Product category

Elderly Care Financing

NAICS

Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233), Other Residential Care Facilities (623990)

SIC

Real Estate Agents & Managers (For Others) (6531), Services-Nursing & Personal Care Facilities (8050)

akta.pro primary industry

Senior Living & 55+ Community Brokerage (BPAJAAAH)

akta.pro secondary industries

Specialty CCRCs (e.g., Memory-Care-Focused, Veteran-Focused) (HLADAEAK), Senior & Assisted Living Residential Property Management (BPAJAFAE)

Keywords

• Elderly care financing
• Nursing home payment
• Home caregiver financing
• Senior living solutions
• Real estate credit intermediation

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Residence Payment Program: Pensium advances funds to cover nursing home costs using the client's property as the basis for the financing. The company rents out the client's property to generate income that funds the care payments.
2. Caregiver Payment Program: Provides supplementary income to elderly people to pay for professional caregivers at home, with guaranteed monthly contributions.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Pensium provides two core financial programs for elderly Spanish property owners: Pago de Residencia, which advances up to double the monthly rental value of the client's home to cover nursing home costs, and Pago de Cuidador, which provides guaranteed monthly contributions to pay for professional in-home caregivers. The company rents out the client's property and channels the rental income toward care payments, with no mortgages or guarantees required and ownership of the property preserved. Both Pensium S.L. and Pensium Direct S.L. are registered as Real Estate Credit Intermediaries and Real Estate Lenders with the Bank of Spain.

Product overview

Pensium operates as a unified program consisting of two core services — Pago de Residencia and Pago de Cuidador — and an ancillary dependency management support service. Both programs are designed for elderly Spanish property owners who need financial assistance to cover care costs; the company rents out the client's property and uses the rental income to fund monthly contributions toward either residential care or in-home caregiver expenses, all without the client having to sell, mortgage, or pledge the property as collateral. Pensium SL and Pensium Direct SL are both registered as Real Estate Credit Intermediaries and Real Estate Lenders with the Bank of Spain (codes D037 and D036).

Differentiator

Problem solved

Functional benefit

Products and services

• Pensium Pago de Residencia (Nursing Home Payment Program) Financing program that advances elderly property owners up to twice the monthly rental value of their home to pay for a nursing home place, without requiring mortgages or guarantors, while preserving ownership of the property. Pensium rents out the client's home and uses the rental income to fund the monthly care payments; the client can cancel or modify the arrangement at any time.
• Pensium Pago de Cuidador (Caregiver Payment Program) Financing program that provides a supplemental guaranteed monthly income to elderly individuals so they can hire and pay for professional in-home caregivers. Pensium manages the rental of the client's property and channels the rental income into monthly contributions toward caregiver costs, with no mortgages or guarantees required and with property ownership preserved.
• Pensium Gestión de grado de dependencia (Dependency Degree Management Service) Support service in which Pensium's social workers assist clients with filing for Spanish dependency degree recognition and inform them of available public aid programs, included as part of the Pensium care financing experience.

Quantifiable outcome

• 9.65 out of 10 overall service rating from periodic user surveys (March 2026)
• +2 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

21 partnerships are on record, tiered core and minor.

• Cierzo Gestión (Fundación Rey Ardid)coreChannel Partner/ Reseller/ Distributor · 15 December 2017Regional partnership agreement signed December 2017. Cierzo Gestión, part of Fundación Rey Ardid, serves as official Pensium delegation for Aragón region. Handles all regional responsibilities including social care service management for elderly dependents.
• Banc SabadellminorGTM or Marketing PartnerBanking partner collaborating with Pensium. Provides financial services support for the elderly care financing ecosystem.
• AbancaminorGTM or Marketing PartnerBanking partner collaborating with Pensium for elderly care financing solutions.
• KutxabankminorGTM or Marketing PartnerBanking partner collaborating with Pensium for elderly care financing.
• IbercajaminorGTM or Marketing PartnerBanking partner collaborating with Pensium for elderly care financing solutions.
• Ship2BcoreStrategic or Co-development PartnerImpact investment and acceleration organization that certified Pensium as Empresa con Impacto Social. Provides access to impact investing ecosystem and acceleration support.
• Fundación Rey ArdidcoreStrategic or Co-development PartnerFoundation providing care services to 2,000+ elderly and disabled persons in Aragón, Valencia, and La Rioja through residences, day centers, and home care. Partner organization behind Cierzo Gestión partnership.
• SanitasminorGTM or Marketing PartnerMajor Spanish healthcare and senior care operator with residential facilities. Collaboration for referring clients needing financing assistance.
• DomusViminorGTM or Marketing PartnerLarge Spanish senior care residence operator. Collaboration for referring clients needing care financing.
• AmavirminorGTM or Marketing PartnerSpanish senior care residence operator. Partnership for client referrals.
• CEOMAminorGTM or Marketing PartnerConfederación Española de Organizaciones de Mayores - Spanish elderly organization confederation.
• Fundación ColiseeminorGTM or Marketing PartnerFoundation focused on elderly care research and services.
• FIATCminorGTM or Marketing PartnerSpanish insurance company with senior care residence operations.
• Fundación PilaresminorGTM or Marketing PartnerFoundation focused on elder care and autonomy.
• InforesidenciasminorGTM or Marketing PartnerLeading digital portal for senior care residences in Spain. Referral and information partnership.
• CronoshareminorGTM or Marketing PartnerCare services marketplace platform.
• B CorpcoreOthersB Lab awards B Corp certification to businesses meeting high standards of social and environmental performance, transparency, and accountability.
• Colegio Profesional de Trabajo Social de MálagaminorGTM or Marketing PartnerProfessional association of social workers in Málaga. Referral pathway for families needing care financing.
• AERTEminorGTM or Marketing PartnerBusiness association of residences and dependent care services in Valencia region.
• acraminorGTM or Marketing PartnerCare services association in Catalonia.
• La UnióminorGTM or Marketing PartnerAssociation of health and social care entities.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• DomusVi: One of Spain's largest senior care residence operators and an active Pensium referral partner. Comparable because both serve the same elderly population requiring residential and home care, though DomusVi operates facilities while Pensium provides the financing layer that funds such care.
• Sanitas Mayores: Major Spanish senior care operator owned by Bupa, also a Pensium referral partner. Comparable customer base (elderly needing residential care) but a healthcare-services incumbent rather than a financing intermediary like Pensium.
• Amavir: Spanish senior care residence operator and Pensium partner. Overlaps with Pensium's customer segment and value chain (financing -> placement in Amavir residence) but is a care operator, not a financing intermediary.
• Caser Residencial: Spanish senior care and insurance group operating residential facilities. Comparable because it serves the same Spanish elderly population seeking care funding solutions, though Caser provides care delivery and insurance rather than property-monetization financing.
• Orpea: Major European senior care operator with Spanish presence. Operates residential and assisted-living facilities across Europe, comparable to Pensium's downstream care customers but lacking the property-financing intermediation role.
• FIATC Residencias: Spanish insurance group with senior care residence operations and a Pensium referral partner. Comparable customer segment and Spanish market overlap, but FIATC is an insurer/operator, not a property-financing intermediary.

Direct peers

• Key Retirement (Key Group): UK-based equity release / later-life lending specialist that helps older homeowners unlock property wealth to fund retirement or care needs. Closest direct analogue to Pensium's rent-to-care model, though operating under a UK regulatory regime and using traditional equity release rather than rental monetization.
• Pure Retirement: UK later-life mortgage lender specializing in equity release for elderly homeowners. Directly comparable business model (property monetization for elderly financial needs) but operates in the UK rather than Spain and uses standard equity release rather than rental intermediation.

Regional players

• Fundación Rey Ardid: Spanish foundation providing care services to 2,000+ elderly and disabled persons in Aragón, Valencia and La Rioja, and Pensium's regional partner for the Aragón delegation (via Cierzo Gestión). Comparable end-customer and regional overlap, but a non-profit care operator rather than a financing business.

Others

• Fundación Pilares: Spanish foundation focused on elder autonomy and care models, listed as a Pensium GTM partner. Comparable because it operates in the same Spanish elderly-care ecosystem Pensium serves, but as an advocacy / research foundation rather than a financing competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/pensium
• Facebookfacebook.com/pensium
• LinkedInlinkedin.com/company/pensium

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pensium