News

Brim raised USD 25 mln in Series B

Wednesday 17 March 2021 13:11 CET | News

Brim, a Canada-based credit card issuer, has announced the close of a USD 25 million Series B.

The Series B was co-led by Desjardins Group and US-based EPIC Ventures, with participation from goeasy, White Owl, and Impression Ventures.

The financing will support Brim's Platform as a Service (PaaS). Brim's B2B2C strategy enables banks, credit unions, fintechs or large commercial partners to roll out Brim's financial products platform, credit cards and integrated Buy Now, Pay Later (BNPL) solutions, mobile and digital banking, and behaviour-driven customer engagement.

With Brim's Platform as a Service, partners can customise elements of the platform and leverage Brim's end-to-end services, on a modular and turnkey basis.


More: Link


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: funding, banks, credit card, PaaS, fintech, BNPL
Categories: Payments & Commerce
Companies:
Countries: Canada
This article is part of category

Payments & Commerce