Fintech company GoCardless has raised $ 22.5 m from institutional investors to further expand its global direct - payment payments service . The London - based firm 's backers include Balderton Capital , Accel Partners , Notion Capital and Passion Capital . it is seeking to integrate banks in a global network to enable smooth direct - debit payments , especially in the subscriptions and other recurring payments space . The company aims to handle $ 4bn of transactions for organisations across sectors , including the UK government and the Guardian newspaper .
Fintech company GoCardless has raised $22.5m from existing investors to further develop its global direct-debit payments service. The London-based firm's backers include Balderton Capital, Accel Partners, Notion Capital and Passion Capital. GoCardless is seeking to link banks in a global network to enable smooth direct-debit payments, especially in the subscriptions and other recurring payments space. The company claims to handle $4bn of transactions for organisations across Europe, including the UK government and the Guardian newspaper.