EdTechnology Platform Bcas The company has completed a €17 million funding round. My Investor and Actus (AndBank Group's Venture Debt Fund) The funding will be used to strengthen Bcas's position in Spain and accelerate its international expansion.
Founded in 2021 by Bosco González del Valle, Javier Ausín and Manuel Avello, Bcas is a flexible student finance provider. The company offers assistance and support in raising funds through the search, application, processing and collection of scholarships with built-in installment and deferred payment capabilities, allowing students to focus on their studies.
In just two years, the platform has provided over 8 million euros to over 1,500 students, making it the leader in Spain in ISA funding. The company partners with more than 60 educational institutions, including Ironhack, The Bridge, ISDI, ThePower, 4Geeks, UNIR, EIP and HACK A BOSS.
The European Investment Fund (EIF) has provided a guarantee for Bcas’ €30 million fund, and the deal aims to help train 7,000 students in skills that are in high demand on the job market, regardless of their socio-economic background.
Bosco González del Valle, co-founder and CEO, commented: “This is an important milestone for our company. Our first partnership with a bank gives us direct access to funds, all of which will be used to pay educational institutions and support our continued growth.”
“Bcas developed a 'scoring' system that has enabled us to fund more than 1,500 students in just two years, and we are already seeing students securing better job opportunities. EIF and Bcas share a common vision and, through this collaboration, we aim to support more than 7,000 students and mobilize up to 30 million euros in the coming months. This is undoubtedly the most important milestone we have achieved so far,” added Javier Ausín, co-founder and COO.
