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Bnext operates a financial technology platform providing payment services and a mobile banking alternative. As an Electronic Money Issuer regulated by the Bank of Spain, it offers businesses tailored payment solutions, leveraging infrastructure for efficient transactions. For consumers, Bnext integrates diverse financial and insurance products into a single application, simplifying access and personal money management.
Guillermo Vicandi and Juan Antonio Rullán co-founded the Spanish fintech Bnext, officially launching in March 2017. Their founding insight stemmed from the perceived inflexibility of traditional banking. They aimed to establish a regulated platform offering flexible payment services and a unified gateway to diverse products.
Bnext serves businesses needing compliant payment processing and individuals seeking versatile mobile financial oversight. The company’s vision focuses on evolving its ecosystem to ensure seamless access to financial services, connecting users with a curated marketplace. Bnext strives to lead in digital finance, empowering clientele with enhanced control over economic interactions.
Bnext has raised $49.6M across 6 funding rounds.
Bnext has raised $49.6M in total across 6 funding rounds.
Bnext has raised $49.6M in total across 6 funding rounds.
Bnext's investors include Borderless Capital, Global Founders Capital, LightShed Ventures, Kima Ventures, Roosh Ventures, Cometa, Digital Horizon, DN Capital, Enern, Founders Future, Kreos Capital, Redalpine.
bneXt is a Philippines-based digital transformation consultancy specializing in enterprise software and IT services, particularly as a recognized SAP provider. It helps businesses modernize operations by implementing ERP systems, integrating advanced technologies like AI, Machine Learning, Big Data, Blockchain, IoT, and RPA, and offering solutions in infrastructure, platforms, and cybersecurity[1][2][3][4]. Serving enterprises across industries, bneXt addresses pain points in strategic planning, financials, supply chain, human capital, and customer engagement, with a team boasting over 300 successful SAP implementations and zero failures[2][3][4]. The company generates around $8.3 million in revenue, employs about 92-129 people, and emphasizes a "Digital Core" foundation for sustainable transformation[4][5].
bneXt operates from Makati City, Philippines, at 1010 Metropolitan Ave, The Nexus Center, positioning itself as a pioneer in digital enablement without a publicly detailed founding year in available sources[1][2][3]. Leadership includes Teh Opinion as President & CEO, alongside directors in analytics, software engineering, and infrastructure solutions, supported by certified experts trained via an internal Technology Academy and experimental labs for bleeding-edge tech testing[3][4][5]. The company's evolution centers on building from deep SAP expertise—spanning two decades and 300+ implementations—toward comprehensive digital roadmaps that sync with clients' objectives, culture, and priorities, earning praise for reliable delivery and innovation in client testimonials[2][3][4].
bneXt rides the wave of digital transformation in emerging markets like the Philippines, where enterprises seek to integrate on-premise systems with cloud ERP and AI amid rising demands for agility and innovation[1][2]. Timing aligns with SAP's RISE initiative and global shifts to intelligent automation, positioning bneXt favorably against competitors like Zenitech, Trantor, and Big Bang ERP by leveraging local expertise for complex, zero-failure executions[1][3]. It influences the ecosystem by enabling efficient, secure digital cores for industries like manufacturing and services, promoting best practices, and bridging traditional IT with modern tech stacks, thus accelerating regional business modernization[2][4].
bneXt is poised to expand its SAP-led transformations amid growing AI and cloud adoption in Asia-Pacific, potentially scaling through partnerships and its Technology Academy to tackle larger enterprise projects. Trends like AI-powered ERP and cybersecurity will shape its path, enhancing its edge in sustainable digital cores. Its influence may evolve by setting standards for reliable implementations in Southeast Asia, empowering more organizations to innovate without setbacks—reinforcing its role as a trusted digital enabler from Makati to global scales[2][3][5].
Bnext has raised $49.6M across 6 funding rounds. Most recently, it raised $4.5M Other Equity in May 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 5, 2022 | $4.5M Other Equity | Borderless Capital | |
| May 1, 2022 | $5.0M Venture Round | Global Founders Capital, LightShed Ventures | |
| Aug 1, 2020 | $13.0M Series A | Kima Ventures, Roosh Ventures, Cometa, Digital Horizon, DN Capital, Enern, Founders Future, Kreos Capital, Redalpine, Speedinvest | |
| Sep 1, 2019 | $25.0M Series A | Nenad Marovac, Redalpine, Speedinvest | Roosh Ventures, Cometa, Founders Future |
| Jul 9, 2018 | $1.8M Other Equity | Founders Future | Andreas Mihalovits, Pipeline Capital |
| Mar 28, 2017 | $330K Other Equity | Crowdcube | Andreas Mihalovits |