8 years ago

Form3 Secures $5 Million Series A Funding Led by Barclays and Angel CoFund

  • Form3, a London-based platform for global payments processing, has raised $5 million in Series A funding

  • The round was led by Barclays, the Government-backed Angel CoFund, and several individual investors

  • The company will use the funds to expand its team and services across Europe and North America

  • Form3 will also continue to expand its API-based Payments-as-a-Service platform, offering clients real-time and interbank payment types

  • Form3 currently offers UK Faster Payments, Bacs, CHAPS, SEPA, and SWIFT.

      • ProblemFinancial Services

      "Businesses struggle with outdated and inefficient payment processing systems, leading to slow transaction speeds, high costs, and limited flexibility."

      Solution

      "Form3 provides a cloud-based platform for global payments processing, offering real-time and interbank payment types through APIs, enabling businesses to streamline payments, reduce costs, and improve customer experience."

      Covered on