The Spanish neobank Bnext has successfully extended its Series A financing round, adding €11 million to the €22.5 million it has already raised last October, bringing total funding to over €40 million.
Bnext, its based on a marketpalce of financial, insurance and travel-related products, all managed through a single account. The financial company also works with an electronic money institution regulated by the Bank of Spain.
September closed with €81m invested in Spanish startups in a total of 29 public operations, where the round of Bnext announced has given a major boost to the month, which is the third most important month in terms of Spanish investments.
With the financing raised in the Series A round, led by DN Capital, Redalpine and Speedinvest, Bnext will strengthen its leadership in Spain and launch its services in Latin America.