BaaS startup BKN301 raises EUR15m

finextra.com:

Launched last year, BKN301, through its BaaS and digital e-money platform model, enables third parties to offer financial, payment, and token issuance services. The company is focusing on the fast-growing markets of Africa, the Middle East, and Eastern Europe.Stiven Muccioli, CEO, BKN301, says: "Closing this new round based on the support of highly-experienced investors confirms the validity of our project, which has always focused on fast-growing markets.

"Thanks to this massive recognition, we will continue to provide, through the BKN301 group, excellent fintech solutions and integrations to countries with high development potential. "Being characterized by a low level of banking services, they can significantly benefit from adopting new banking technologies — such as digital payments, innovative blockchain services, cryptocurrencies, and digital assets."