4 years ago

GoCardless Raises USD 312 Million to Expand Open Banking Solutions

  • GoCardless, a London-based provider of direct bank payment solutions, has secured USD 312 million in Series G funding, valuing the company at USD 2.1 billion

  • The round was led by Permira, with participation from BlackRock Private Equity Partners

  • The company plans to use the funding to expand its presence in the open banking space through product development and geographic expansion.

      • ProblemFinancial Services

      "making recurring and one-off payments across different countries and currencies"

      Solution

      "GoCardless makes it easy to collect both recurring and one-off payments directly from customers' bank accounts through direct debit and open banking, with a global payments network and technology platform used by 70,000 businesses worldwide"

      Covered on