Payment services provider BCB Group is raising funds through convertible notes that will be converted into BCB Group’s future Series B equity financing, with a pre-money valuation capped at $200 million, The Block reported citing sources. Oliver von Landsberg-Sadie, founder and CEO of BCB Group, confirmed that the company is raising funds, but declined to comment on the structure and valuation of the round, saying that "BCB is raising more than $20 million and plans to close in early March." before closing this round of financing.” Foresight News previously reported that in January 2022, BCB Group completed a US$60 million Series A financing with a valuation of US$200 million.