# B2B Fintech Solutions SL

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/b2b-fintech-solutions-sl

- Industry: Financial Services
- Headquarters: Barcelona, Spain
- Website: www.hubuc.com
- Total disclosed funding: $10M
- Latest round: Seed (Jan 14, 2022)
- Investors on record: 4

## About

B2B Fintech Solutions SL provides a cloud-native card issuing platform, enabling businesses to swiftly develop and launch various card products, including debit and prepaid solutions, integrated with leading payment networks.Founded in 2020 in Barcelona, Spain, B2B Fintech Solutions SL specializes in financial technology, particularly card issuance. The company raised USD 10 mn in Seed funding on January 14, 2022, co-led by Runa Capital and WndrCo. Hasan Nawaz serves as the CEO, and the founders include Daniil Lavrenov and Ignacio Javierre. The firm has completed 3 deals to date.HUBUC operates primarily as a cloud-native card issuing platform, specializing in debit, credit, and prepaid card solutions that allow businesses to quickly develop and launch new financial products. The platform supports a range of financial services, including single and dual message authorizations, 3D secure processing, and compliance with PCI DSS standards. Through HUBUC's Open APIs, clients can seamlessly integrate their financial offerings, connecting card products to the world's largest payment networks. The end customers include businesses in diverse sectors such as travel, retail, and finance, which leverage HUBUC’s capabilities to enhance their service offerings and customer experiences. HUBUC's products are available in various international markets, including North America, Europe, and parts of Asia, thereby catering to a global client base.HUBUC generated USD 95,695.90 in revenue for the most recent year, 2023, with an EBITDA of USD -2,233,288.40. Revenue is derived from transaction processing fees associated with card usage as well as from the issuance of branded financial products that may attract recurring fees.Following the USD 10 mn Seed funding raised in February 2022, B2B Fintech Solutions SL aims to develop new card products that enhance its offerings in existing markets. The company is also looking to expand into additional regions, specifically targeting new markets across Europe and Asia by 2024. The recent funding will be utilized to support these product launches and geographic expansions.

## Funding rounds

- Seed, Jan 14, 2022, $10M — Runa Capital, Y Combinator, WndrCo, Village Global

## Investors

- Runa Capital (https://capitalatlas.ai/funds/runa-capital) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- WndrCo (https://capitalatlas.ai/funds/wndrco) — Seed
- Village Global (https://capitalatlas.ai/funds/village-global) — Seed