Daniel Madariaga. BBVA and Cabify have joined forces to promote urban mobility with a sustainability focus across Spain and Latin America.
During the announcement of their partnership, Roberto Albaladejo, head of BBVA Spark, praised Cabify’s leadership in the private transport industry, highlighting the company’s technological innovations that have made it a leader in Spain.
In this context, the banking executive emphasized Cabify’s zero-emissions strategy, which aligns with their shared goal of increasing accessibility for citizens.
These statements shed light on two key areas: urban mobility innovation and sustainable finance. BBVA has long been committed to sustainable mobility, with a progressive electrification strategy for its fleet, aiming for zero emissions in major cities.
On the other hand, Juan Barbolla, CFO of Cabify, expressed gratitude for the support of BBVA Spark, which backs the company’s mission to improve cities and promote sustainable mobility options. This approach is transforming how people move, while setting a precedent for environmental sustainability in urban transport.
The recent addition of 200 new electric cars in Madrid is proof of Cabify’s commitment to progressive decarbonization. Their goal is to make all trips zero-emissions by 2025 in Spain and by 2030 in Latin America. This milestone positions Cabify as a global leader in adopting clean technologies for passenger transport.
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The collaboration between Twinco Capital and BBVA Spark, which led to a debt round of up to 50 million euros, highlights the critical role of sustainable finance in economic development. The international trade financing gap, especially for SMEs in emerging markets, underscores the need for innovative solutions. BBVA Spark’s investment in Twinco Capital strengthens companies’ ability to access new business opportunities while fostering a financing model aligned with sustainability principles and inclusive economic growth.
Both initiatives reflect a shared commitment to sustainable growth from social, economic, and environmental perspectives. Cabify and Twinco Capital serve as examples of how innovation and collaboration can drive positive change in their respective fields.
Moreover, BBVA Spark’s backing of these companies underscores its commitment to promoting responsible business practices and creating long-term value.
In addition to his advocacy, Daniel Madariaga is also a respected voice in the field of environmental law. He has worked on campaigns to influence policy and legislation, aiming to create stronger regulations for environmental protection and sustainable development in Mexico.