Spanish Fintech Bnext Adds €11M to its Series A

Spanish challenger bank Bnext has added €11 million to its €22,5 million Series A round that was first announced back in October 2019; it was already Spain’s biggest ever Series A fintech funding round; Bnext is seeing good early traction with 400,000 users in Spain as well as in Mexico where it launched earlier this year and already has 60,000 customers; Mexico Guillermo Vicandi, CEO and co-founder of Bnext, said: “At Bnext we have always had a clear objective: to be a banking alternative that allows our users to end the bad experiences of traditional banks.” AltFi.

  • Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.

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