9 years ago

GoCardless Secures $13 Million to Expand Global Payment Network

  • GoCardless, a London-based fintech startup, has raised $13 million in a Series B funding round led by Notion Capital

  • Existing investors Balderton Capital, Accel Partners, and Passion Capital also participated in the round

  • The company will use the fresh capital to build out its payment network across the world

  • GoCardless is now live in six markets, including the UK, France, Germany, Spain, the Netherlands, and Sweden

  • The company has processed over £1 billion in payments and is the UK's number one Direct Debit provider.

      • ProblemFinancial Services

      "making payment processes efficient, cost-effective, and adapted to subscription models"

      Solution

      "GoCardless builds a global bank-to-bank payment network, enabling simple integration and removing barriers to adoption, specifically for Direct Debit payments"

      Covered on