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.
SectorsFintech, Neobank, Banking-as-a-Service, Embedded Finance
Start-up MapFintech › Consumer credit & financial inclusion
Founders
G
Guillermo Vicandi
CEO & Co-Founder
J
Juan Antonio Rullán de la Mata
CPO & Co-Founder
Global models 5
MMarqeta
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
SSolarisbank (Solaris)
Germany · www.solarisgroup.com ↗
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
RRailsr (formerly Railsbank)
United Kingdom · railsr.com ↗
Embedded finance/BaaS platform providing licensed banking infrastructure to other businesses, the same model Bnext repositioned around.
$177MComparable
UUnit
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
SSynctera
United States · www.synctera.com ↗
BaaS platform connecting fintechs and businesses to bank-sponsored financial infrastructure, mirroring Bnext's licensed embedded-finance model.
$94MComparable
In the same niche 26 others
See all in the Start-ups Map →
Notes: Most funded first
Investors 16
Open as list →
DDN Capital
www.dncapital.com
SSpeedinvest
speedinvest.com
CConexo Ventures
conexo.vc
PPlug and Play Tech Center
plugandplaytechcenter.com
FFounders Future
BBorderless Capital
CCometa
EEnern
RRedalpine
AAlgorand Foundation
A
Andreas Mihalovits
DDigital Horizon
K
Kreos Capital
P
Pipeline Capital Partners
S
S7V
U
USM
Funding rounds 5
| Date | Round | Amount | Lead |
|---|---|---|---|
| 2022-05-05 | Series A (estimated) | $4.5M |
Borderless Capital
+1 more
|
| 2020-08-03 | Series A | €11M |
Lead not disclosed
+9 more
|
| 2019-10-02 | Series A | approximately €3.3M |
Lead not disclosed
+8 more
|
| 2018-07-05 | Seed | €1.5M |
Founders Future
+2 more
|
| 2017-03 | Pre-seed (estimated) | €300K |
Lead not disclosed
+1 more
|
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