Tokenized Green has closed a €1.1 million funding round with participation from Wolver Ventures, several business angels and Fundación Caja de Burgos. The investment will enable the company to move forward with the launch of Twelve, its new neobank designed for young customers.
The proceeds will be used to further develop the platform, expand the team and complete the final preparations ahead of the commercial launch. The digital bank will operate under the Twelve brand.
The company plans to open a waiting list for early users in September before officially launching on 12 December. In its initial rollout, Twelve will begin onboarding customers and opening accounts in Madrid, Barcelona and Burgos, where the company is headquartered.
At launch, Twelve will offer current accounts and payment cards, providing the core services expected from a modern neobank. As a key differentiator, the platform will enable customers to allocate part of the returns generated through their day-to-day financial activity to thematic portfolios focused on housing, education, healthcare and environmental sustainability.
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