{
Stiven Muccioli

People

}
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001122334455554433221100

BKN301 secures 23.8 million dollars for MENA expansion plans

BKN301 Group has secured USD 23.8 million in funding to accelerate its Banking-as-a-Service expansion into the UAE and Saudi Arabia, following the establishment of its MENA headquarters in Qatar. The company, which has achieved 51% year-on-year revenue growth, aims for a 36% CAGR of EBITDA by 2028, enhancing its innovative financial services.
WAYA
Euro United States Dollar Alisei Forinvestments Srl CDP Venture Capital SGR S.p.A. QAT ARE SAU Stiven Muccioli Aldo Fumagalli Show more
Business & Industry, Press Release
11:32 15.04.2025

BKN301 secures 23.8 million dollars for expansion in Middle East markets

BKN301 Group, a London-based fintech specializing in Banking as a Service, has raised $23.8 million to fuel its expansion into the UAE and Saudi Arabia, alongside enhancing its BaaS Orchestrator platform. The funding round attracted both new and existing investors, with the company reporting significant growth, including a projected 51% increase in gross revenues for 2024. CEO Stiven Muccioli anticipates a 36% CAGR of EBITDA by 2028, aiming to deliver innovative financial services to a growing user base.
Fintechnews Middle East
Euro United States Dollar BKN301 Group Ltd. ITA EGY SAU ARE GBR Stiven Muccioli Fabio Nalucci Federico Ghizzoni Show more
Business & Industry, Press Release
09:54 15.04.2025
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