BBVA Provides Growth Debt Financing to Support Lanes & Planes’ Expansion in Digital Travel and Expense Management

BBVA Provides Growth Debt Financing to Support Lanes & Planes’ Expansion in Digital Travel and Expense Management

(IN BRIEF) BBVA has granted a double-digit million-euro growth debt facility to Lanes & Planes to support the scaling of its digital travel and expense management platform. The Munich-based SaaS company has tripled revenue over the past three years and continues to expand its mid-market and enterprise customer base across Europe. The financing provides liquidity to accelerate growth plans in 2026 and underscores BBVA’s commitment to backing high-growth, technology-driven companies in the German and wider European ecosystem.

(PRESS RELEASE) BILBAO, 29-Jan-2026 — /EuropaWire/ — BBVA has provided a double-digit million-euro growth debt facility to Lanes & Planes, supporting the Munich-based company’s next phase of expansion as a leading digital platform for business travel and expense management in the mid-market segment. The financing agreement was closed at the end of 2025 and is designed to provide the liquidity needed to accelerate the company’s growth plans in 2026 and beyond.

Lanes & Planes has positioned itself as an enterprise-grade SaaS platform that consolidates complex travel and expense workflows into a single system of record for finance teams. Since its founding in 2017, the company has experienced rapid growth, tripling its revenue over the past three years, expanding its mid-market customer base, and securing major enterprise clients during 2025. Its investor base includes international venture capital firms such as Smash Capital, Battery Ventures, DN Capital, and Coparion.

The platform enables organisations to reduce travel costs by up to 30 percent while automating processes from booking through to accounting. At the same time, it offers employees a seamless travel experience and a user-friendly spend management interface. More than 1,500 companies across a wide range of industries already rely on Lanes & Planes for business travel management, including well-known names such as Enpal, Personio, and the edding Group.

For BBVA, the transaction reflects its strategy of supporting high-growth, technology-driven companies with long-term potential. Donatella Callegaris, Head of Venture & Growth Lending at BBVA in Europe, highlighted Lanes & Planes as a strong example of the type of innovative business the bank seeks to partner with. She noted that the financing underlines BBVA’s ambition to act as a long-term strategic partner for growth-oriented companies and marks the bank’s second deal within the German startup ecosystem.

From the company’s perspective, the agreement represents an important milestone. Veit Blumschein, CEO and co-founder of Lanes & Planes, said the financing provides additional flexibility to further scale the company’s end-to-end solutions across Europe. He emphasised that working with an international banking partner like BBVA allows the team to focus on continuing to modernise and simplify business travel and expense management for mid-market companies.

The deal also reinforces BBVA’s broader European growth lending activity. Following earlier transactions in markets such as Finland, the UK, and Portugal, and its initial German entry through a venture debt agreement with Roadsurfer, the financing of Lanes & Planes strengthens BBVA’s presence as a funding partner for fast-growing European technology companies.

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SOURCE: Banco Bilbao Vizcaya Argentaria, S.A.