Funding

BKN301 Group funding news – London-based BKN301 Group Secures €21.5 Million in Series B Round Funding

Apr 14, 2025 | By Startuprise

BKN301 Group funding news  - London-based BKN301 Group Secures €21.5 Million in Series B Round Funding

BKN301 Group, a global fintech leader in Banking-as-a-Service (BaaS), is proud to announce the successful closing of a €21.5 million capital increase as part of its Series B funding round.

SUMMARY

  • BKN301 Group, a global fintech leader in Banking-as-a-Service (BaaS), is proud to announce the successful closing of a €21.5 million capital increase as part of its Series B funding round.
  • The BKN301 Group is a London-based BaaS technology provider dedicated to empowering the financial industry with the innovative and scalable BKN301 BaaS Orchestrator platform.

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.

Stiven Muccioli, Co-Founder and CEO of BKN301 Group said, “Closing a Series B round in today’s market environment is a major achievement and signals the beginning of an exciting new growth phase for BKN301, Our goal remains clear: to bring an efficient, scalable, and innovative Banking-as-a-Service model to global markets. With our new industrial plan, we anticipate a CAGR of 36% in EBITDA by 2028, as we continue to deliver intuitive, seamless financial and payment services to a growing number of partners and their end users.”

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.

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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 it'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.

About BKN301 Group

The BKN301 Group is a London-based BaaS technology provider dedicated to empowering the financial industry with the innovative and scalable BKN301 BaaS Orchestrator platform.

Their platform offers essential capabilities such as core banking, payment processing, digital wallet and card issuing, cross-border services, open banking, and AI, all seamlessly integrating with third-party systems to support the evolving needs of modern financial institutions.

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