BKN301 Group, a global fintech leader in Banking-as-a-Service (BaaS), is proud to announce the successful closing of a £18.5 million capital increase as part of its Series B funding round.
This significant milestone will fuel the company’s international expansion, both through organic growth and strategic acquisitions, while also strengthening the development of the BKN301 BaaS Orchestrator platform.
Alongside the support of existing investors, the Series B attracted new institutional, industrial and private investors, including: CDP Venture Capital SGR (through the Digital Transition Fund), Azimut Libera Impresa SGR through the Azimut Digitech Fund under the advisory of FNDX, SIMEST (through the F.394/81 managed on behalf of the Ministry of Foreign Affairs and International Cooperation), Alisei Forinvestments di Aldo Fumagalli and other investors. These are in addition to the investors of the previous rounds, including SM Capital, Prosus Group, CRIF, Abalone Group, Federico Ghizzoni and Fabio Nalucci.
This new round of funding underscores strong investor confidence in BKN301’s vision, platform, and long-term strategy.
The company is poised to accelerate its mission of transforming financial services through cutting-edge technology and a robust, scalable BaaS model.