Wallapop’s €157 Million Financing Round

Uría Menéndez advised Wallapop on the deal.

Wallapop raised €157 million in its Series G financing round.

Wallapop will use the proceeds to continue growing the infrastructure that underpins its service so that it can expand the number of people that use it.

Barcelona-based virtual marketplace Wallapop lets people resell their used items, or sell items like crafts that they make themselves. With this financing, the company now valued at €690 million.

Uría Menéndez advised Wallapop with a Barcelona office team comprising Corporate partner Antonio Herrera (Picture), Tax partner Carlos Durán, IP&IT counsel Núria Porxas, Corporate senior associate Anna Viñas, Corporate junior associate Marina Cantalapiedra and Tax senior associate Alejandro Villegas.

Involved fees earner: Marina Cantalapiedra Perdiguer – Uria Menendez; Carlos Durán Haeussler – Uria Menendez; Antonio Herrera – Uria Menendez; Núria Porxas – Uria Menendez; Alejandro Villegas Viñeta – Uria Menendez; Anna Viñas – Uria Menendez;

Law Firms: Uria Menendez;

Clients: Wallapop;

Author: Federica Tiefenthaler