BaaS Fintech BKN301 Closes €21.5M Series B Funding Round
BKN301, a BaaS fintech operating across Europe, Africa, and the Middle East, closed a Series B funding round raising approximately €21.5 million (£18.6 million). The round attracted new investors including CDP Venture Capital (via its Digital Transition Fund), Azimut Libera Impresa, SIMEST, and Alisei Forinvestments, alongside existing backers. The capital will be deployed to accelerate international expansion through both organic growth and strategic acquisitions.
A core focus of investment is enhancing BKN301's proprietary BaaS Orchestrator platform, which provides core banking, payment processing, digital wallets, card issuing, API decoupling, cross-border services, open banking, and AI integrations. The platform enables banks, fintechs, and digital banks to integrate secure financial solutions without building infrastructure from scratch. Slight variations in the reported amount (€21.4M–€21.5M) across sources reflect currency conversion differences or final closing adjustments.
- Demonstrates continued investor appetite for BaaS infrastructure providers despite broader fintech funding caution
- BKN301's multi-region approach in Europe, Africa, and MENA positions it as a cross-border BaaS competitor to established players