Madrid’s BCAS raises €30 million debt to cover the A–Z of barrier-free education with flexible financing solution
Madrid-based EdTech startup BCAS has secured a significant €30 million in debt financing from Spanish neobank MyInvestor. This capital injection underscores a growing trend in European digital education, aiming to democratize access to quality learning opportunities through innovative financial solutions. The funding signifies a crucial step for BCAS in scaling its operations and diversifying its product offerings within the competitive European EdTech landscape. The new financing round will enable BCAS to expand its operational capacity and introduce traditional instalment-based financing at accessible interest rates, complementing its existing Income Share Agreement (ISA) model. With this €30 million, BCAS anticipates supporting over 6,000 students and plans to double its loan volume by 2026, while maintaining profitability and sustainable growth. This strategic move positions BCAS as a comprehensive financing tool for both training centers and individuals seeking to enhance their employability, further solidifying its presence in Spain and Germany. BCAS's financial strategy directly addresses the growing demand for flexible and accessible education across Europe, particularly for tech-focused training programs. By offering a blend of ISA and instalment-based solutions, the company empowers students to pursue their educational goals without immediate financial burdens, thereby fostering digital skills development and contributing to Europe's digital sovereignty ambitions. This expansion is set to impact numerous students and training providers, promoting a more equitable and dynamic European education ecosystem.
Curated and translated by Europe Digital for our multilingual European audience.
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