Bankinter has reached an investment agreement with Bit2Me, the leading digital asset company in the Spanish-speaking market. Under the terms of the deal, the bank acquires a stake in the company’s capital, joining the €30 million funding round originally announced last August.
The primary objective of this investment is to explore and achieve technological and knowledge-based synergies. Furthermore, Bankinter positions itself alongside a national technological partner in the development of solutions using Distributed Ledger Technology (DLT).
For Bankinter, this operation reflects the entity’s ongoing commitment to technological innovation and to generating synergies with specialized fintech startups like Bit2Me. This strategy allows the bank to anticipate future trends in the financial landscape.
This investment agreement, coupled with Bit2Me’s attainment of the European regulatory license on July 29, and the support of strategic partners such as Telefónica, Inveready, Investcorp, Tether, and BBVA, will enable the Spanish fintech to accelerate its expansion plans across the European Union. It will also strengthen its presence in Argentina and other Latin American countries, consolidating its position as a key player in the crypto ecosystem within both Europe and the Spanish-speaking world. Bit2Me’s capital structure also includes participation from Unicaja and Cecabank.
Pablo Casadío, CFO of Bit2Me, stated: “This alliance confirms that the banking sector can leverage our deep industry know-how to enhance their offering. Instead of competing, we are integrating strengths. Spain and Europe present an unrivaled scenario, and thanks to our technological and regulatory solidity, Bit2Me is the ideal partner for financial entities to capitalize on this environment, providing their clients access to the crypto ecosystem with maximum security and guarantees.”