Google, Salesforce Invest in U.K. Payments Startup GoCardless

  • Company will use money to expand international office growth
  • Firm specializes in setting up recurring direct bank debits
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The venture capital arms of Alphabet Inc.’s Google and Salesforce.com Inc. are investing in U.K. payments startup GoCardless, which has has raised an additional $75 million to fund expansion.

The financing is being led by Adams Street Partners, GV, formerly known as Google Ventures, and Salesforce Ventures, GoCardless said in a statement. Existing investors Accel Partners, Balderton Capital, Notion Capital and Passion Capital are also participating.