Spanish neobank Bnext raises $25mn

October 03, 2019 | FinTech
Written by FinTech Alliance

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Bnext neobank
Spanish neobank Bnext raises $25mn

Mobile first bank Bnext has closed Series A funding at $25mn.

In Brief:

  • This is the largest ever Series A round for a Spanish FinTech.

  • Investors included DN Capital, Redalpine, Speedinvest, Founders Future and Cometa.

  • Bnext has around 300,000 users and processes about €100mn in monthly transactions.

What does this mean?

Bnext has grown over a short period having launched early last year. The funding will help it introduce a premium service offering more features, as well as furthering its expansion in Latin America.

Read more here.

 

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