2 years ago

Volt Secures £47M Series B to Power Global Expansion of Real-Time Payments Platform

  • Volt, a London-based real-time payments provider, has raised £47 million in a Series B funding round led by IVP

  • The company plans to use the funds to expand into new international markets, including Asia Pacific and the US

  • Volt, founded in 2019, offers open banking-based payment solutions for merchants and customers

  • The funding round saw participation from other investors, including CommerzVentures, EQT Ventures, Augmentum Fintech PLC, and Fuel Ventures.

      • ProblemFinancial Services

      "Businesses and consumers are limited by slow and costly traditional payment methods, leading to delays and inefficiencies in online transactions."

      Solution

      "Volt provides a real-time payment network that leverages open banking to enable faster, more secure, and cost-effective transactions for merchants and customers globally."

      Covered on