London-based BKN301 Group, a global FinTech specializing in Banking-as-a-Service (BaaS), has raised €21.5 million in a Series B funding round.
The funds will be used to support international growth, organic development, strategic acquisitions, and enhance the firm's proprietary BaaS Orchestrator platform.
Investors in the funding round include CDP Venture Capital SGR, Azimut Libera Impresa SGR, SIMEST, and other investors.
BKN301 Group aims to bring an efficient and innovative BaaS model to global markets, and has shown significant growth and expansion in markets such as Africa and the Middle East.