www.britepayments.com
2019
Stockholm, Sweden
Spain
Lena Hackelöer
USD 60 million funding round announced in October 2023, led by specialist B2B software investor Dawn Capital and joined by Headline and existing investor Incore.
~100
Swedish FinTech Association
info@britepayments.com / +46101888777
The payments sector is still plagued by inefficiencies – including how merchants implement new payment options for their customers. Brite Payments leverages the capabilities of Open Banking to give merchants and businesses a complete and easy-to-integrate instant payments and payouts solution that delivers bottom-line cost savings as well as top-line revenue growth.
Brite serves customers in a growing number of industries and verticals where instant bank payments and payouts offer numerous advantages over traditional card-based payments. Instant payments facilitated by Open Banking deliver operational cost-savings, a smoother customer experience, reduced fraud risk, and elimination of chargebacks.
Seamless payments and superfast payouts, powered by the Brite Instant Payments Network (IPN). Brite IPN offers significant advantages over traditional Open Banking payments (i.e. PIS) by taking full receipt of incoming funds and settling them rapidly on behalf of merchants across Europe. The Open Banking-first proprietary network enables 24/7/365 instant payments processing.
RESTful JSON
Europe
Brite is connected to more than 3,800 banks across Europe, touching more than 350 million end consumers. What account type do you serve: consumer, business, or corporate? Brite operates a B2B2C model, meaning that its customers are merchants and businesses, while end consumers interact with the product and use Brite as a payment method.
95%+ in core markets
Brite Docs provides everything that is needed to get started. Brite, including technical implementation guidelines and developer API documentation.
For details please contact our team at info@britepayments.com
For details please contact our team at info@britepayments.com.
Ecommerce, online marketplaces, ticketing, travel, consumer finance, insurance, neobrokers and trading platforms, money remittance, EV infrastructure, freelance and gig worker platforms.
Customer stories: https://britepayments.com/customer-stories/
Native cloud
Python, Javascript, Typescript
Pycharm
Licenced by the Swedish Financial Supervisory Authority for operations across EU/EEA.
Direct integration with merchants and through PSP partners.
Transaction-based pricing model (for more details contact our team at info@britepayments.com)
Merchant service fees
Auctionet: Bringing auction payments into the 21st Century Gigleer: Pioneering instant payouts in the hospitality industry Work Performance: Streamlining household services with instant payments
Planned features and releases Further geographic expansion is planned for 2024, as well as strengthening the product offering within existing markets. Recent funding will also help drive further development of the Brite Instant Payments Network (Brite IPN); a proprietary network that is the backbone of the company’s offering.