Provides a mobile-first neobank platform in Spain, offering an IBAN-compliant account with features like instant money transfers, virtual cards for secure online payments, and cryptocurrency trading. Simplifies personal finance management by integrating tools for expense tracking, savings goals, and access to financial products such as insurance and investments, all through a fully digital interface.
Funding
$79.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional banking often involves cumbersome paperwork, branch visits, and limited access to modern financial tools, creating friction for users seeking efficient and user-friendly financial management. Existing solutions may lack transparency in fees, restrict access to cryptocurrency trading, and offer limited options for international money transfers.
Solution
Bnext provides a mobile-first neobank platform that offers a fully digital alternative to traditional banking, streamlining personal finance management. Users gain access to an IBAN-compliant account, enabling direct debiting of salaries and utility bills, along with features such as instant money transfers to friends, virtual cards for secure online payments, and cryptocurrency trading with competitive commissions. The platform integrates tools for expense tracking and savings goals, empowering users to monitor spending and manage their finances effectively. Bnext also provides a marketplace offering access to financial products like insurance and investments, as well as services such as renewable energy options, aiming to provide a holistic financial management solution.
Target Audience
Bnext targets individuals in Spain seeking a convenient, mobile-first banking alternative with integrated tools for managing personal finances, cryptocurrency investments, and access to a broader financial marketplace.
Features
- IBAN-compliant account for seamless integration with the Spanish banking system
- Instant money transfers to other Bnext users
- Virtual cards for secure online transactions
- Cryptocurrency trading with low fees
- Expense tracking and categorization for budget management
- Savings goals feature to help users achieve financial targets
- Marketplace offering access to third-party financial products and services, including insurance, investments, and energy
- Integration with Apple Pay and Google Pay for mobile payments
- Bnext Cash feature for depositing and withdrawing cash at participating retailers
- B3X token program offering exclusive discounts and benefits