World's Banks Targeted by Expanding U.K. Startup GoCardless
- Payments specialist targets big business, North America
- Notion Capital leads venture firms in latest investment
GoCardless CEO Hiroki Takeuchi, front center, and his team.
Source: GoCardlessThis article is for subscribers only.
U.K. fintech startup GoCardless wants to take its ‘bank-to-bank’ payment network to North America and the world, and has raised new venture capital to help it do so.
The firm, which helps companies collect pre-authorized payments from customer bank accounts, said it now processes about 1 billion pounds ($1.4 billion) of payments annually from more than 16,000 merchants across the six countries it operates in: the U.K., France, Germany, Spain, the Netherlands and Sweden.