See other companies on Otta

BVNK

Traditional and digital finance payments

201-500 employees
  • Fintech
  • B2B
  • Cryptocurrency
  • Payments
Floor 3, 89 Charterhouse St, London, EC1M 6PE

Company mission

BVNK's mission is to make payments as accessible as the internet.

Top investors

362% employee growth in 12 months

Otta's take

Sam Franklin headshot

Sam Franklin

CEO of Otta

The problem for traditional financial institutions looking to accommodate crypto is how to on-ramp: how to facilitate crypto payments, convert them into fiat currency and manage integrated bookkeeping. Banking and payments platform BVNK is hoping to square this circle with an API-based platform that allows businesses to deal in both crypto and fiat from a single hub.

This is likely to prove essential for the businesses seeing increased demand for crypto transaction capabilities despite a sustained period of volatility in the market. This demand isn’t restricted to specialist markets, either - and is especially strong in the US, where BVNK has set its sights on expanding following a round of impressive funding. It has also recently moved into the UK with the savvy acquisiton of System Pay Services, a UK-licensed e-money fintech. This will allow it to serve UK businesses compliantly.

BVNK is processing a multi-billion annualized payment volume. With this strong start in a sector that’s increasingly warming to neobanks and open banking, BVNK’s crypto-native service is in an excellent position to reap growing demand for crypto integration within the US, UK and emerging markets going forward.

Benefits

  • Flexible working hours, with hybrid working at its heart
  • A culture built on passionate growth minded people
  • A flexible approach to holiday, with 25 days as standard
  • Opportunities to travel to our offices around the world, in locations such as London and Cape Town, to collaborate with your colleagues
  • An open and creative environment where you can help us define the future of BVNK, its culture, and its opportunity sets

Company values

  • Speed: We make and act on decisions quickly using data to guide us. A good plan violently executed now is better than a perfect plan next month.
  • Meritocracy: Ideas are selected and people are rewarded based on merit. Not tenure, hierarchy or social status.
  • Curiosity: We ask questions and seek the truth rather than making assumptions. We are continuously learning about our customers, our industry, and each other.
  • Integrity: We hold ourselves and each other accountable, taking pride in our work. Stability and resilience are at the core of everything we build.

Funding (1 round)

May 2022

$40m

SERIES A

$40m

Total funding

This company has top investors

Founders

Previously a founding partner of VC firm Niveus Ventures, before moving on to co-found Coindirect, and then Balfour Group. Alongside work with BVNK, they are also a chair at MasterStart.

They are an entrepreneur and founder or a banking security startup, which was acquired by a listed company.

They have 14 years of experience across a variety of finance and treasury roles, including Ebury, M&S and Tesco.

Chris Harmse

(VP of Revenue)

They have 10 years of cross-asset experience on the sales and trading desks of global investment banks.

Endorsements

All

Opportunities to learn (2)

Career progression (2)

Flexible working (2)

Challenging work (1)

Nice people (1)

My opinions are valued (1)

Open and honest communication (1)

Diversity is a priority (1)

Growing fast (1)

Almost one year ago I started on this unknown (for me) path. I was uncertain, without any experience, without even an idea of ​​what awaited me. Thanks to everyone's efforts in my training, I am already building a confident one PEP and sanctions screening analyst. I got an answer to every one of my questions, no matter what and when. Detailed information is always provided about every thing that is required and expected from me. Accordingly, assistance is also provided to me if needed. I received a dynamic and comprehensive training and I know this is just the beginning.

Finance, Legal & Compliance

Career progression

Nov 2022

One of the things that helps my development in BVNK is the giving of a chance and opportunity by the whole team, that with the right support and motivation anything is possible.

Finance, Legal & Compliance

Nice people

Nov 2022

Lexibility can be advantageous to both employees and employers, making them more creative and productive. When employees have flexible work options, they will gain a better work/life balance. In turn, that means they become happier. That not only improves productivity and enhances team spirit. It also means employee retention can be kept high and employee turnover can be kept low.

Finance, Legal & Compliance

Flexible working

Nov 2022

There is no boring day at BVNK! This company is moving incredibly fast and decision making is quick. The greatest thing is that honesty and transparency are exercised every day so that the entire team knows why decisions are taken and where we grow towards as a company.

Finance, Legal & Compliance

Open and honest communication

Nov 2022

Diversity at BVNK is not about geographies, gender, ethnicity or sexual orientation. We have all of that. But it is all about the diversity in minds, in opinions and in experience. This level of diversity is what makes teams stronger!

Finance, Legal & Compliance

Diversity is a priority

Nov 2022

BVNK is a global payments company that is working in both the traditional financial sector but also in the crypto payments world. With that we are exploring now frontiers and are refining a global regulatory framework every day .

Finance, Legal & Compliance

Challenging work

Nov 2022

BVNK has been a career defining opportunity for me. From the very beginning there have been huge projects I have had the opportunity to have full autonomy on. Senior leadership give you their time, they are passionate about the industry and the business too.

People, HR, Recruitment

Opportunities to learn

Nov 2022

Given autonomy to run with projects from beginning to end. My opinions on solutions are heard and then executed on. Support is also provided my management

People, HR, Recruitment

My opinions are valued

Nov 2022

From day one I have been challenged in my role and every day I continue learning about the space in which I work in. BVNK has allowed me to grow both personally and professionally.

People, HR, Recruitment

Career progression

Nov 2022

There is never a dull day here at BVNK. You are given the freedom to take initiative and bring new idea's to the table. Your manager is there to make sure that you are not just doing a good job, but pushing you to do a great job.

People, HR, Recruitment

Opportunities to learn

Nov 2022

Family and your health (physical and mental) always come first, no exceptions. This comes from the top down and is made very clear from day 1.

People, HR, Recruitment

Flexible working

Nov 2022

The team has doubled in size in 2022. It is amazing to see new individuals joining the team, bringing a wealth of experience and helping existing staff to take BVNK to the next level.

People, HR, Recruitment

Growing fast

Nov 2022

BVNK 1BVNK 2BVNK 3BVNK 4BVNK 5BVNK 6BVNK 7BVNK 8BVNK 9