Spanish startup BCAS, focused on flexible education
financing, has closed a €30 million debt round led by MyInvestor. The funding
will be used to expand operational capacity, introduce instalment-based
financing at affordable interest rates, and increase access to education
funding for students.
Founded in 2021 by Bosco González del Valle, Javier Ausín, and Manuel Avello, BCAS is an edtech platform offering flexible student
financing solutions. The company aims to support equitable and sustainable
access to education, enabling students to focus on their training without
upfront financial barriers.
To date, BCAS has financed more than 3,800 students
and works with over 60 training providers, including Ironhack, The Bridge,
thePower, ISDI, 4Geeks, UNIR, EIP, and HACK A BOSS.
BCAS combines Income Share Agreements (ISAs), in which
repayments begin once students secure employment, with affordable
instalment-based payment plans, providing a flexible financing model tailored
to different student profiles and the needs of training centres.
We are a business that needs debt to operate. The
more you grow, the greater your financing capacity needs to be. This new
facility will allow us to reach thousands more students and expand our offering
with more flexible solutions for both schools and learners,
explains Javier
Ausín, Co-CEO and co-founder of BCAS.
The new financing supports BCAS’s continued scale-up,
reinforcing its position as an education financing provider in Spain and as one
of the Spanish edtech companies able to attract structured funding at scale. As
a result of the round, more than 6,000 students are expected to gain access to
high-employability training programmes.
BCAS currently operates in Spain and Germany and plans to expand further
across Europe after consolidating its position in its home market, with the aim
of becoming a European education financing provider.