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Bkn301

Can a tech-only BaaS orchestration layer become the financial operating system for banks and fintechs expanding across Europe, MENA, and beyond?

Founded2021
HQLondon, UK (with offices in Milan, San Marino, Doha)
Total raised€21.5M (Series B, 2025) plus earlier rounds
Latest roundSeries B, April 2025
IndustryInfrastructure / BaaS
The story

BKN301 started as a fintech focused on bringing BaaS infrastructure to emerging markets, particularly MENA and San Marino. It pivoted to building a unified BaaS Orchestration Platform — a single API layer combining core banking, open banking, payments, and AI — serving banks and fintechs that want to launch embedded finance products without building from scratch. After achieving break-even operating profit and 236% gross margin growth, it raised a Series B in 2025 to replicate its MENA success in Europe through partnerships and acquisitions.

Last 12 months
2025-04
2024-07
Product timeline
2022
BKN301 began its initial partnership with Worldline for issuing and acquiring processing.· card
2023
Went live with Finastra Essence core banking and Salt Edge Open Banking Compliance, enabling PSD2-compliant payments in San Marino.· banking
2023
BKN301 BaaS Orchestrator platform launched, connecting banks and fintechs across Europe, North Africa, and the Middle East.· pivot
2024
Extended Worldline partnership to integrate both Issuing and Acquiring services for digital payment solutions.· card
2024
Alipay partnership launched in San Marino.· banking
2025
Closed €21.5M Series B led by CDP Venture Capital SGR to expand BaaS orchestration from MENA into Europe, including planned acquisitions.· ipo
Regulated entities
PSD2 / Open Banking Compliance (as PSP/AISP-adjacent)
EU / San Marino · 2023
BKN301 S.p.A.
The stack
Payments / PSP
Worldline
Banking / BaaS
Finastra Essence (core banking, self-operated via license)
Card issuing
Worldline
Open banking
Salt Edge
FX & payouts
Finastra Essence
Accounting gap: minor