Fintech company GoCardless has raised 4bn 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 $$22.5m of transactions for organisations across Europe, 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.