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Fastned

Can Fastned become the dominant independent pan-European EV fast-charging network by deploying green-financed infrastructure at the highest-traffic locations before incumbent energy majors or OEM-backed networks lock in the market?

Founded2012
HQAmsterdam, Netherlands
FoundersMichiel Langezaal, Bart Lubbers
Total raised€300m+ (bonds + green loans)
Latest roundGreen loan facility, January 2026
Valuation~€650M market cap (2026)
IndustryInfrastructure / EV Charging
The story

Founded in 2012 as a pure-play EV fast-charging infrastructure operator in the Netherlands, Fastned pursued a unique mission-driven model independent of oil majors. The company listed publicly on Euronext in 2019 to access retail and institutional capital for network rollout. From 2020 onwards it systematically expanded pan-European, now covering 9 countries with 400+ stations. Its embedded finance story is primarily on the corporate side — using green bonds, retail bonds, and green loan facilities to fund capital-intensive charging infrastructure rather than building consumer financial products.

Last 12 months
2026-01
2026-04
2025-03
Product timeline
2012
Fastned B.V. founded in the Netherlands with a mission to build a European fast-charging network for EVs.· pivot
2013
Fastned Administratie Stichting (FAST) established to hold 100% of Fastned B.V. shares and safeguard the company mission.· banking
2017
Published first annual report; established commercial charging operations at Dutch highway rest areas.· pivot
2019
Listed on Euronext Amsterdam (FAST.AS) and Nxchange, providing public equity capital for network expansion.· ipo
2025
Expanded to 9 countries (adding Italy and Spain); surpassed 400 stations; raised €100m+ via retail bonds.· pivot
2026
Secured €200m green loan facility (ABN AMRO, CreditAgricole, ING, Invest-NL, Rabobank) to fund Belgian and Swiss expansion.· lending
The stack
2 layers disclosed in Fastned’s embedded-finance stack
Card issuing
Pliant
Lending
in the full report
Accounting gap: none
2 more providers across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.