3 years ago

Open Banking Platform Token Raises $40M to Fuel European Expansion

  • Token, a London-based open banking platform, has raised $40 million in a Series C funding round

  • The company plans to use the funds to expand its platform across Europe

  • Token provides open payment and data connectivity through an API and interface, enabling faster and more secure bank payments

  • The funding round was co-led by Cota Capital and TempoCap, with participation from other investors.

      • ProblemFinancial Services

      "Traditional card-based payments are expensive and slow. "

      Solution

      "Token is building an open banking platform that allows businesses to make payments directly from bank accounts, reducing costs and increasing speed. "

      Covered on