The largest Spanish neobank, Bnext, aspires to lead the Spanish-speaking world in financial technology through its expanding ecosystem of cutting-edge financial products.
Who is Bnext
It is a next-generation bank that offers its customers secure, open and blockchain-based international money transfers. It is already a household name in many Spanish-speaking nations. With its cryptocurrency remittance service, the company has already assisted over 750,000 people in achieving financial independence while tapping into a 120-billion-dollar industry. As a key shareholder in the Neo-bank and the developer of the blockchain network that powers the Bnext app, Algorand, a pioneer in the cryptocurrency sector, joined forces with Bnext in June 2021.
Wallet App
Using blockchain technology, the digital app enables users to send, receive, and request money with ease. The creation of an account is cost-free and includes a virtual and physical card as well as an IBAN. Customers may create an account, download the app, and manage funds from their address book in only a few minutes.
The program sends USDC to the destination using the low-cost, high-performance Algorands blockchain network “from the back” and then smoothly transitions to a Bnext account in the selected fiat currency. With this unique technology, international bank transfers are guaranteed to be instant and blockchain-based. More individuals than ever will take control of their finances thanks to the App’s availability on the App Store, Google Play, and in the Huawei AppGallery.
Bnext: The Next-World Banking Marketplace
Various solutions are available on its marketplace for customers to manage, grow, and conserve their money. It offers numerous cutting-edge tools that the average user needs to manage and build their cash safely and securely. High-interest savings accounts, investment options, loan financing, insurance, mortgages, travel, and other services are available in the market.
The advantages of cryptocurrencies are also heavily emphasized, as its members have access to a variety of wealth-building options, including index funds, fixed-term deposits, and a rewards program, in addition to the opportunity to buy and trade digital currencies.
B3X Utility Token
A utility token hosted on the common Ethereum Blockchain network is the Bnext (B3X) ERC20 token. 504 million of the 3.5 billion total issued tokens will be made available during Phase One of the upcoming token auction. The token’s objectives are to enhance the community, benefit all Bnext users, and hasten global expansion.
Token Sale Info
With the money raised from the token sale, it will be able to expand its operations to Latin America and then the rest of the world, building a platform that will act as a link between the established financial system and the DeFI ecosystem that BNext is developing.
