Company · Fintech

Bnext

bnext.es ↗ ·Madrid ·Series A

Bnext is a Madrid-based Spanish fintech, founded in 2016, that launched as one of Spain's first neobanks offering fee-free accounts, debit cards, and P2P payments to consumers, raising what was reported as the largest Series A financing in Spain's fintech history ($25M led by DN Capital, 2019). Regulated as an Electronic Money Institution by the Bank of Spain since 2020, the company has since pivoted toward B2B "banking-as-a-service"/embedded finance, positioning itself as financial infrastructure that lets other businesses launch and manage their own payment services.

Founded
2016
Founders
2
News
0
Rounds
2
Investors
8
SectorsFintech, Neobank, Banking-as-a-Service, Embedded Finance Start-up MapFintech › Consumer credit & financial inclusion

Profile updated 31 Jul 2026

Founders

Guillermo Vicandi
CEO & Co-Founder
Juan Antonio Rullán de la Mata
CPO & Co-Founder

Global models 5

Marqeta
United States · www.marqeta.com ↗
Card issuing and payment infrastructure platform that other businesses build financial products on top of, the same infrastructure-as-a-service model Bnext now offers.
$528MComparable
Solarisbank (Solaris)
European Banking-as-a-Service provider, licensed as a bank, that lets other companies embed accounts, cards, and payments, directly analogous to Bnext's EMI-licensed BaaS pivot.
$291MComparable
Railsr (formerly Railsbank)
United Kingdom · railsr.com ↗
Embedded finance/BaaS platform providing licensed banking infrastructure to other businesses, the same model Bnext repositioned around.
$177MComparable
Unit
United States · www.unit.co ↗
Banking-as-a-service platform enabling companies to embed accounts, cards, and payments, matching Bnext's current B2B financial infrastructure offering.
$170MComparable
Synctera
United States · www.synctera.com ↗
BaaS platform connecting fintechs and businesses to bank-sponsored financial infrastructure, mirroring Bnext's licensed embedded-finance model.
$94MComparable

Investors 8

Investor Mexico
Digital Horizon
Investor United Kingdom
Investor United Kingdom
Enern
Investor Czech Republic
Founders Future
Investor France
Kreos Capital
Investor United Kingdom
Investor Switzerland
Speedinvest
Investor Austria

Funding rounds 2

Other · $4.5M
Madrid neobank/marketplace Bnext received an additional $4.5 million investment led by Borderless Capital to build DeFi products on the Algo…
2022-05-05
Series A · €11M
The Spanish neobank added an €11M extension to the Series A it closed in October 2019 (€22.5M), taking the round to about €33M. Existing sha…
2020-08-03

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