Fintech company BKN301 Group announces new strategic milestones that mark the start of a new phase in its growth: the Group has obtained a credit line from funds and accounts managed by BlackRock and has acquired Planky, a UK-based company specialising in AI-based financial analysis and open banking. The credit line is in addition to the most recent Series B round, bringing the total capital raised to €33 million.
The new funding will enable BKN301 to accelerate its roadmap and scale its digital banking architecture platform across EMEA markets. By integrating modular infrastructure with advanced data analytics and machine learning technologies, the Group continues its mission to enable financial innovation in emerging economies and beyond.
Through the acquisition of Planky, BKN301 integrates an AI and data analytics solution into its digital banking platform. The machine learning models developed by Planky, which specialises in real-time financial insights, behavioural scoring and predictive analytics, will further enhance the BKN301 ecosystem.
The integration will enable banks and fintech companies using BKN301 technology to offer smarter, faster and more personalised digital banking experiences, in full compliance with compliance and scalability standards.
“This milestone marks a decisive moment for BKN301,” said Stiven Muccioli, founder and CEO of BKN301 (pictured), whom we interviewed, in a statement. – “With Planky’s growth funding and AI capabilities, we are accelerating towards our vision of a new generation of intelligent, open fintech infrastructure designed to promote large-scale financial inclusion in emerging markets.”
The extension of the Series B round and the acquisition of Planky come at a time of strong growth for BKN301, which continues to expand its presence in Europe, the Middle East and Africa, supporting banks, fintech companies and corporations with an agile, AI-powered infrastructure.
The growth strategy for the next 18 months includes: strengthening AI and data analytics capabilities within the core platform; expanding strategic partnerships with regional financial institutions; evaluating additional acquisitions to accelerate technological evolution and market penetration.
“We are building the infrastructure for the next wave of financial innovation,” adds Muccioli. “AI is revolutionising the financial services sector, and BKN301 is at the forefront: we combine intelligence, scalability and regulatory compliance to enable our customers to innovate more quickly.”
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