4 December marks International Banking Day, designated by the UN in 2019. And for that we would like to congratulate them. For this and for joining, more and more, the financial vision that we promote from 11Onze. 

La Plaça de 11Onze appeared on 22 April 2021 with a very clear objective: to create a community of informed users, capable of managing their finances and demanding the best possible service. These users may or may not become customers of 11Onze, which began operating financially on 1 October 2021 with El Canut. But, in any case, they must have the necessary tools to understand how the economic world works and, if necessary, to supervise financial institutions.

The vision of 11Onze therefore puts people at the centre. From day one, La Plaça has been producing content on financial education and other areas, offering financial education courses and explaining, through transparency, the processes and products of 11Onze. Moreover, these contents are offered, no longer for free, but by paying with Peles to users who interact.

The new financial paradigm

What sets us apart is the fact that we are the first community fintech, that we want to be a tool for the country and that we are pioneers. But at 11Onze we are extremely pleased to see that more and more banks and financial institutions are adopting our vision.

Have you noticed that there is more and more talk about financial education?

That in recent months financial health tools to control savings have been highlighted?

That suddenly there is more talk about people than products?

• CaixaBank: its blog has shifted towards financial disclosure
• BBVA: new tools focused on savings control
• Banco Santander: supporting people
• Banco Sabadell: training so that you can take out mortgages with them or with whomever
• ING: promoting financial security education
• Spanish Banking Association: recovering the role of banking in the real economy

The latest case, one of the most outstanding, is the launch of Simplifi, Banco Santander’s financial training platform. But changes are being imposed on the big banks, which see that they have to adapt to the new paradigm. This will have to continue to be the case, given the Spanish government’s draft bill to reform the financial system published in the BOE (Official State Gazette). 

Not only will it make all banks have to serve people 24 hours a day, but it also foresees a series of measures to protect customers and increase technological competitiveness. 11Onze is already there. Right now we are the only entity already adapted to the future financial regulations of the Spanish State. 11Onze’s vision is consolidated, we continue to be pioneers, we will continue to lead the way. And we hope that the rest of the entities will jump on the bandwagon, for the common good.

11Onze is becoming a phenomenon as the first Fintech community in Catalonia. Now, it releases the first version of El Canut, the super app of 11Onze, for Android and Apple. El Canut, the first universal account can be opened in Catalan territory.