Bnext is a Spanish financial services marketplace that has been able to raise 25M$ to gain a foothold in the Spanish market and expand into Latin America, specifically Mexico. The company has sold part of its shares to new investors such as DN Capital, Redalpine and Speedinvest.
Corporate finance is the order of the day in banks. The digital banking is making steady progress among user preferences, with more and more customers choosing the online option to manage their finances every year due to its immediacy and availability.
BNEXT
The platform Bnext sets new standards in an alternative model to traditional banking. It is a financial products marketplace that offers simpler control for customers to track their accounts in a user-friendly way..
Recently, and with barely two years of existence, this financial start-up has closed its second round of financing. funding Series A, an operation valued at 25M$This is a very important challenge, as the use of cash is still very high in the Aztec country. This is a very important challenge, as the use of cash is still very high in Mexico.
But the new funding will not only be used to open branches in South America, as the digital bank also plans to expand its business in Spain by acquiring new users and implementing a premium system to improve their income. Even with all this, the free version will not be invalidated.
It is worth noting that, if we disregard its crowdfunding 300,000, the current round is the second round for the company, which already received €1.8M in 2017. We are also talking about the largest round in the sector. fintech to date.
Bnext has sold part of their shareholdings to new shareholders including DN Capital, Redalpine and Speedinvestand has also been supported by other existing ones such as Founders Future.
OTHER RELEVANT ROUNDS IN THE SECTOR
CURVE
Curve is a banking platform that combines different credit cards and bank accounts, and which has collected 55M$ in a major investment in the UK fintech scene.
This Start Up connects different banking applications so that users can track payments from several different cards at once, or choose which one they want to pay with.
RAPYD
This techno-financial company has captured 100M$ in a funding round led by venture and growth capital investment firm Oak HC/FT, as well as General Catalyst, Target Global and Entrée Capital.
The money raised is being used to develop a unified cloud-based technology platform designed to enable businesses to integrate financial and payment technology capabilities into business applications, and to expand Rapyd's Global Payments Network, which provides businesses with access to more than four billion customers and payment methods, including bank transfers and e-wallets.
