Bnext
Fund II
Guillermo Vicandi & Juan Antonio Rullan
2019
Why we invested
Traditional banking in Spain and Latin America is marked by poor customer experience, high fees, and outdated infrastructure. Bnext is a challenger bank providing a digital-first financial marketplace, allowing users to manage accounts, payments, and credit products seamlessly
Unlike traditional banks, Bnext does not rely on a banking license. Instead, it operates as a fintech marketplace, partnering with third-party financial providers to offer credit, investment, and insurance products directly through its app.
The founding team has strong expertise in fintech and technology, positioning Bnext as a key player in digital banking. Their customer acquisition strategy has delivered rapid growth, with over 65k cards activated within the first year.
As digital banking adoption accelerates, Bnext is poised to scale across Latin America and Europe. Its marketplace model offers flexibility and rapid expansion potential, making it a disruptive force in financial services.
Our vision for
the future
01.
Traditional banking will give way to fintech marketplaces, where users access loans, investments, and insurance from multiple providers through a single platform. AI-driven recommendations will personalize financial products based on real-time user behavior.
02.
Embedded finance will expand, with banking services seamlessly integrated into everyday apps. Consumers will manage payments, credit, and savings directly through digital wallets, social platforms, and e-commerce ecosystems.
03.
Decentralized finance (DeFi) will reshape personal finance. Users will bypass traditional banks for lending, borrowing, and investing, using blockchain-based solutions that offer greater transparency and accessibility.
04.
Data-driven financial ecosystems will enhance credit access. Alternative scoring models will allow underbanked individuals to build financial profiles, unlocking tailored financial products without relying on legacy credit systems.