BKN301 Group, a London-based fintech architecture provider, has secured a credit facility from funds and accounts managed by BlackRock and acquired Planky, a UK-based company specialising in AI-driven financial analytics and open banking.

The credit facility complements BKN301’s latest Series B round, bringing the total capital raised to US$38 million.

The financing will support BKN301’s expansion across the Middle East, Africa and Europe.

By combining modular digital banking infrastructure with data analytics and machine learning, the company aims to provide financial institutions and fintechs with a scalable and intelligent platform.

Through the acquisition of Planky, BKN301 gains a proprietary AI and data analytics engine.

Planky’s machine learning models, which focus on real-time financial insights, behavioural scoring, and predictive analytics, will be integrated into BKN301’s platform.

This is intended to enhance automation and the delivery of more personalised digital banking services while maintaining compliance and scalability.

“This milestone marks a defining moment for BKN301,”

said Stiven Muccioli, Founder and CEO of BKN301.

“With the growth financing and Planky’s AI capabilities, we’re accelerating toward our vision of a next-generation fintech infrastructure, one that’s intelligent, open, and designed to empower financial inclusion at scale across emerging markets.”

Over the next 18 months, BKN301 plans to strengthen its AI and data analytics capabilities, expand partnerships with regional financial institutions, and explore further acquisitions to support technological innovation and market growth.

Featured image credit: Edited by Fintech News Middle East, based on image by shammianeybee via Freepik

This article first appeared on Fintech News Switzerland