Med1 Serveis Financers (Medone)

What Med1 Serveis Financers (Medone) does

Med1 Serveis Financers, legally MEDONE SERVEIS, S.L.U (trading as Medone), is a Catalonia-based banking agent (agente bancario) of BBVA founded in 1999 with 27 employees and headquartered in Barcelona. Operating from eight offices across Catalonia — including co-located premises inside Col·legi de Metges buildings in Barcelona, Girona, Tarragona and Lleida plus delegations in Manresa, Terrassa, Sabadell and Vic — the company intermediates BBVA's retail and SMB financial products on a commission basis. The product portfolio spans current accounts (Compte Med1 / Compte Med1 Negocis), the co-branded VISA Col·legi de Metges card, deposits, investment funds, pension plans, mortgages (personal, self-build and business), multi-purpose personal and business loans, vehicle financing and AutoRènting, medical equipment financing (rènting, leasing, prêtsec), TPV terminals, factoring, confirming, ICO lines, a Click & Pay credit line, salary advances, Via-T toll payments and solar-panel financing (delivered with Solit Energia).

Revenue is generated entirely through transaction-based commissions on BBVA products intermediated to two principal segments: medical professionals affiliated with the Catalan Col·legi de Metges (the company's primary niche, ~15,000+ customers) and individuals and SMBs/autónomos in Catalonia more broadly. Go-to-market is sales-led, executed by expert commercial managers (gestors comerciais) at Med1 offices or via mobile visits, supported by appointment booking, newsletter and content-marketing channels, and integrated into BBVA's BBVAnet online banking stack. The company holds no proprietary technology, patents or AI capability and operates under GDPR and SEPBLAC compliance as a regulated banking agent.

Name

Med1 Serveis Financers (Medone)

Legal name

MEDONE SERVEIS, S.L.U

Website

https://med1.med.es

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Mortgage and Nonmortgage Loan Brokers (52231), Mortgage and Nonmortgage Loan Brokers (522310)

SIC

Loan Brokers (6163), Mortgage Bankers & Loan Correspondents (6162)

akta.pro industry

PRIMARYFSAEAMAA

Mortgage & Loan Introducers (Residential & Commercial)

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Introducers, Finders & Referral Networks

Keywords

• Banking agent services
• Financial product intermediation
• Retail banking products
• Commercial financing solutions
• Consumer credit services

Headquarters

HQ city

Barcelona

HQ country

Spain

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Banking Agent Commission Revenue: Med1 Serveis Financers operates as a banking agent of BBVA, intermediating and promoting BBVA's financial products and operations. Revenue is generated through commissions from BBVA for the sale and intermediation of banking products including accounts, cards, loans, mortgages, investments, insurance, and other financial services.
2. Financial Products Intermediation: Commissions from intermediating various financial products including current accounts, credit/debit cards, deposits, investment funds, pension plans, loans, mortgages, vehicle financing, renting, leasing, ICO financing, factoring, confirming, TPV terminals, and solar panel financing.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Med1 Serveis Financers operates as a banking agent (agente bancario) of BBVA, intermediating and promoting BBVA's financial products — including current accounts, credit/debit cards, savings products, investment funds, pension plans, mortgages, personal and business loans, vehicle financing, leasing, renting, factoring, confirming, TPV terminals, and ICO financing — to individuals, self-employed professionals, SMEs, and clinics in Catalonia, with a focus on medical professionals affiliated with the Col·legi de Metges de Barcelona.

Product overview

Med1 Serveis Financers (Medone) operates as a banking agent of BBVA, offering a comprehensive portfolio of financial products and services for both individuals (particulars) and professionals/businesses. For individuals, the core offerings include current accounts (Compte Med1), credit cards (VISA Colegio de Médicos), savings products (Dipòsits, Fons d'Inversió, Plans de Pensions), financing solutions (Hipoteques, Préstecs), vehicle solutions (AutoRènting, vehicle financing), and solar panel financing. For professionals and businesses, Med1 provides business accounts, merchant services (TPV, Factoring, Confirming), various financing options (Leasing, Rènting, ICO financing, medical equipment financing), credit lines (Pòlissa Click & Pay), and tax financing. The product ecosystem is built around BBVA's banking infrastructure, with Med1 serving as the exclusive provider of these services at the College of Physicians of Barcelona and its regional delegations.

Differentiator

Problem solved

Functional benefit

Products and services

• Cuenta Med1 — Individual Current Account No-commission current account for individuals intermediated from BBVA, including a free credit/debit card, free cash withdrawals at BBVA and Servired ATMs (excluding La Caixa), free transfers within the EU up to €50,000, and a 3-day overdraft facility up to €1,000 without interest or commissions.
• Cuenta Med1 Negocios — Business Current Account No-commission business current account for self-employed professionals and SMEs, providing free card issuance and maintenance, free check deposits and issuance, free direct debits, and free transfers within the EU (up to €50,000 per transfer).
• VISA Col·legi de Metges Credit Card Exclusive co-branded credit card for Med1 customers featuring the Col·legi de Metges design, free of issuance and maintenance fees, with travel accident insurance up to €310,000, ATM robbery protection up to €600 per incident, and flexible payment modes (end-of-month full payment, installments of 3 to 36 months, or deferred payment).
• BBVA Business Credit and Debit Cards Business credit and debit cards for self-employed professionals and SMEs offering accident insurance and a 2% fuel discount at Repsol, Campsa, and Petronor stations.
• BBVA Savings Deposits Term savings deposits intermediated from BBVA offering immediate total or partial availability, guaranteed returns, and full capital recovery assurance.
• BBVA Investment Funds (Fons d'Inversió) CNMV-registered investment funds offering tax advantages, BBVA's custody security, and a 2% loyalty bonus for transferring funds from other institutions to BBVA.
• BBVA Pension Plans (Plans de Pensions) Pension plans offering up to 45% tax savings on contributions, flexible contribution options, and BBVA's backing as a leading pension manager in Spain.
• BBVA Home Mortgage (Hipoteca) Home mortgage financing for individuals with terms up to 30 years, fixed or variable interest rates, preferential conditions for Col·legi de Metges members, and optional protection against interest-rate increases.
• BBVA Business Mortgage (Hipoteques Negoci) Business mortgages for financing commercial premises, offices, warehouses or any property used for economic activity, with special conditions for healthcare-sector real estate.
• Multi-Purpose Personal Loan (Préstec Personal Multidestí) Multi-purpose personal loans for home renovations, travel, vehicle purchases, studies, or any project, offered with advantageous financing conditions for liquidity needs.
• BBVA Business Loan (Préstec Negoci) Business loans for any project or liquidity need, offered with advantageous financing conditions and without requiring disposal of business assets.
• BBVA AutoRènting — Vehicle Leasing Vehicle leasing with no initial disbursement, fixed monthly fees, full maintenance and repair service included, unlimited tires, full-risk Premium insurance without excess, immediate replacement vehicle, 24-hour roadside assistance, legal aid, and tax benefits for businesses and self-employed customers.
• Vehicle Purchase Financing (Finançament de Vehicles) Vehicle financing intermediated from BBVA for purchase of multiple brands including BMW, Volkswagen, Toyota, Peugeot and electric vehicles, with 100% financing over 8 years at 5.95% fixed TIN (5.25% for zero-emission vehicles), no opening or study commissions, and a 1.00% amortization commission.
• Equipment Renting (Rènting d'Equips) Medium to long-term equipment renting for businesses that includes maintenance and insurance, up to 5-year financing, no opening commission, tax-deductible fees, no CIRBE reporting impact, and an option to purchase at contract end.
• BBVA Leasing (Lísing) Financial leasing for equipment, vehicles, furniture, premises or warehouses offering tax deductions, depreciation write-offs, and an option to purchase at contract end.
• Solar Panel Financing (Finançament Panells Solars) 100% financing for residential solar panel installations offering up to 90% savings on electricity bills and access to IRPF, ICIO and IBI tax bonuses, with installation, permits and maintenance delivered through partner Solit Energia.
• Medical Equipment Financing (Finançament Equipament Mèdic) 100% VAT-excluded financing for medical equipment from specialty distributors (ICOONE, VINNO, Tyromotion, Asclepion and others) across audiology, cardiology, physiotherapy, gynecology, aesthetic medicine, neurology, dentistry, otolaryngology, pediatrics and rehabilitation, available via renting, leasing or loans starting from €57.72/month.
• BBVA POS Terminals (TPV) Card payment acceptance terminals for businesses, available as fixed or mobile (GPRS) terminals, with monthly fee tiers (Bono 10 up to €20,000 turnover through Bono 120 for €120,000–€240,000 turnover).
• BBVA Factoring Service Factoring that converts credit sales into immediate cash by advancing invoice amounts, including collection management, debtor solvency classification, and up to 100% insolvency coverage through non-recourse factoring.
• BBVA Confirming Service Payables management service that simplifies supplier payment processes, offers early payment options to suppliers, and reduces administrative costs for businesses.
• ICO Credit Line Financing (Finançament ICO) Access to ICO (Instituto de Crédito Oficial) credit lines intermediated through BBVA for productive investments and liquidity needs of Spanish companies and self-employed workers.
• Tax Payment Financing (Finançament Impostos) Tax payment financing at 0% interest rate with a 0–0.25% study commission, 0% cancellation commission, and a 1.45–2.5% opening commission, available for amounts of €5,000 or more.
• Click & Pay Business Credit Line (Pòlissa de Crèdit) On-demand business credit line for payroll, taxes, supplier payments and Social Security contributions, charging no interest and no early cancellation fees, with commission only when funds are drawn.

Quantifiable outcome

• Savings of up to 90% on electricity bills through solar panel financing
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

Four partnerships are on record, tiered core and minor.

• BBVA (Banco Bilbao Vizcaya Argentaria, S.A.)coreChannel Partner/ Reseller/ DistributorMed1 operates as a banking agent (agente bancario) of BBVA, intermediating and promoting BBVA's financial products and operations. As an agent, Med1 represents BBVA in the promotion and intermediation of banking products including accounts, cards, loans, mortgages, investments, and other financial services. This is the core business relationship that defines Med1's operations.
• Col·legi Oficial de Metges de Barcelona (CoMB)coreStrategic or Co-development PartnerMed1 has an exclusive arrangement with the Col·legi de Metges de Barcelona, providing banking services to medical professionals from offices within CoMB buildings. This partnership provides Med1 with unique access to the medical professional segment through co-location in medical association facilities across Catalonia (Barcelona, Girona, Tarragona, Lleida).
• Solit Energia SLminorChannel Partner/ Reseller/ DistributorMed1 refers customers interested in solar panel installation to Solit Energia SL for installation services. Med1 facilitates financing of solar panel installations while Solit provides the installation, legal permits, and maintenance services. Customer contact data is shared with Solit upon customer consent.
• Grup Med Corporatiu SAUcoreOthersMed1 Serveis Financers (MEDONE SERVEIS SLU) is part of the Grup Med corporate group, which includes other entities such as MED SECCIÓ ADMINISTRATIVA SLU (MEDSASA). Grup Med is affiliated with the Col·legi de Metges de Barcelona and operates various professional services for the medical community.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Openbank (Grupo Santander): Santander's digital bank serving Spanish retail customers and self-employed professionals with accounts, cards, mortgages, and investment products. A broad incumbent that competes for Med1's customer wallet share through digital channels rather than physical intermediation.
• EVO Banco: Spanish digital bank that has historically used an agent/branch distribution model alongside digital channels. Targets SMBs and self-employed professionals, overlapping with Med1's "Professionals i Negocis" segment, though it does not specialize in the medical vertical.
• Banco Sabadell (Professional Banking): Spanish bank with a dedicated professional and SMB banking division and physical branch network across Catalonia. Targets the same self-employed and SMB segments as Med1, including medical clinics, but does not specialize in the medical vertical or operate via Col·legi affiliations.

Emerging players

• MyInvestor: Spanish neobank and investment platform targeting affluent professionals and SMBs with low-cost accounts, index funds, and pension plans. Competes with Med1 for the same medical professional customers' investment and pension business through a direct digital channel rather than intermediation.
• Mutua de los Profesionales de las Artes y las Ciencias (AdSalutem/Mutualidades): Spanish mutual benefit societies and professional associations that offer financial and insurance products tailored to specific licensed professions. Comparable model to Med1 of distributing financial products through a profession-based affiliation network, though typically with weaker banking-product intermediation.

Direct peers

• Medicorasse (Grup Med): Insurance brokerage within the same Grup Med corporate family, targeting the same Catalan medical professional customer base via the same Col·legi de Metges channel. Operates as a directly comparable specialized financial intermediary for the same vertical, distributed through affiliated association buildings.
• Medpatrimonia (Grup Med): Investment advisory and asset management entity within Grup Med, serving the same medical professional segment via the Col·legi distribution channel. Comparable operating model—a specialized intermediary monetizing the same captive customer base through different financial products.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/medone-serveis-financers

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 Med1 Serveis Financers (Medone)