Banking-as-a-Service startup BKN301 has enhanced its recent Series B funding round with a £10 million credit facility and has acquired AI-driven financial analytics and open banking specialist Planky.
The credit facility from funds and accounts managed by BlackRock complements an earlier £18.6 million Series B round completed this year. Operating in Europe, Africa, and the Middle East, BKN301 offers a range of services including core banking, payment processing, digital wallets, card issuing, API decoupling, cross-border services, open banking, and AI and Gen AI for integration with third-party systems.
With the acquisition of UK-based Planky, BKN301 gains a proprietary AI and data analytics engine that will be fully integrated into its digital banking architecture. Planky’s machine learning models, which specialize in real-time financial insights, behavioral scoring, and predictive analytics, are expected to enhance the intelligence and automation of BKN301’s platform.
Stiven Muccioli, CEO of BKN301, stated, “With the growth financing and Planky’s AI capabilities, we’re accelerating toward our vision of next-generation fintech infrastructure—one that’s intelligent, open, and designed to empower financial inclusion at scale across emerging markets.”