Spanish Fintech bnc10 closes 1.1 million euro financing round

bnc10 closed a ?1.1 million financing round, led by Atina Ventures

The Spanish financial startup bnc10 closed a financing round of 1.1 million euros, which was led by Atina Ventures and in which more than 750 investors have invested through the investment platform Crowdcube. This was reported from Bolsamania.

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They explained that Fintech will use the funds for its expansion plan, development and launch of new products. However, it will also seek to obtain the EMI (Electronic Money Institution) licence.

It should be noted that early next year it plans to close a next „A“ series round.

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The CEO of bnc10, Albert Llorens, said

„This round of financing allows us not only to continue our expansion but also our commitment to offer a simple digital solution focused on customer needs“.

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In Bolsamania’s article they detailed the services of fintech: „bnc10 offers free of charge a current account with Spanish IBAN; a prepaid MasterCard that allows you to withdraw money for free in ATMs around the world, payment with Google Pay and Apple Pay, shared accounts, digital operations via App and WebApp, customer service via WhatsApp and Telegram and free cost and payment analysis functions between friends“.