BKN301 strengthens with BlackRock
New acquisition for fintech solutions provider, financed with support from US fund
BKN301 Group, gains backing from BlackRock and prepares for a new growth path. The global fintech solutions provider, with offices in London, Milan, San Marino and Doha, has secured a line of credit from funds and accounts managed by BlackRock and acquired Planky, a UK-based tech company specialising in Ai-based financial analytics and open banking. The credit line is in addition to the most recent Series B round, bringing the overall total of capital raised to EUR 33 million.
The new financial injection will enable BKN301 to accelerate its roadmap and scale its digital banking architecture platform in the 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.
Through the acquisition of Planky, in particular, BKN301 integrates an AI and data analytics solution into its digital banking platform. Machine learning models developed by Planky - which specialises in real-time financial insights, behavioural scoring and predictive analytics - will further enhance BKN301's ecosystem. The integration will enable banks and fintechs using BKN301's technology to offer smarter, faster and more personalised digital banking experiences, in full compliance and scalability.
"This milestone marks a defining moment for BKN301," says Stiven Muccioli, founder & ceo of BKN301. With the funding for Planky's AI growth and capabilities, we accelerate towards our vision of a next-generation fintech infrastructure that is smart, open and designed to promote financial inclusion at scale in emerging markets."
