Banking-as-a-Service (BaaS) startup BKN301 Group, a leading provider of cloud-enabled core banking and embedded finance solutions, has raised €21.5 million in its Series B funding round. This brings the UK-based company’s total funding to over €45.8 million.
BKN301 delivers custom financial solutions that empower traditional banks, fintechs, neobanks, blockchain banking platforms, and token issuers to integrate secure, scalable financial infrastructure into their ecosystems. it unlocking new opportunities for growth, market expansion, and digital transformation.
The BKN301 BaaS Orchestrator platform offers a full suite of core capabilities, including cloud-native core banking, payment processing, digital wallet infrastructure, card issuing, cross-border services, Open Banking, and AI-powered fraud prevention. All features are designed for API-driven banking integration, enabling seamless interoperability with third-party systems to support the evolving needs of modern financial institutions.
According to Stiven Muccioli, Co-Founder and CEO of BKN301 Group, this latest funding round signals the beginning of a transformative growth phase:
“Our goal remains clear: to bring an efficient, scalable, and innovative Banking-as-a-Service model to global markets. With our new industrial plan, we anticipate a CAGR of 36% in EBITDA by 2028, as we continue to deliver intuitive, seamless digital payment services to a growing number of partners and their end users.”
The Series B round was supported by both existing investors and a new group of institutional, industrial, and private investors, including:
– CDP Venture Capital SGR (via the Digital Transition Fund)
– Azimut Libera Impresa SGR, through the Azimut Digitech Fund under the advisory of FNDX
– SIMEST (via the F.394/81, managed on behalf of the Ministry of Foreign Affairs and International Cooperation)
– Alisei Forinvestments di Aldo Fumagalli, along with additional strategic investors
– These new backers join previous round supporters such as SM Capital, Prosus Group, CRIF, Abalone Group, Federico Ghizzoni, and Fabio Nalucci.
The new capital will accelerate international expansion through both organic growth and strategic acquisitions. It will also fuel further development of the BKN301 BaaS Orchestrator, a platform that continues to redefine modular core banking, multi-channel payment processing, and fintech infrastructure across global markets.
Read the official PR article
