The additional funding follows USD 33 million raised in August 2020 from new investors: Lloyds Banking Group, Nationwide Building Society, and venture capital firm 83North. Founded in 2016, Form3 has built a cloud-native, API-led payments technology platform to enable financial institutions to run and scale their critical payments infrastructure through a fully managed service.
Form3’s capabilities are complimentary to Mastercard’s account to account payments technology which supports real-time and batch payment systems globally, according to the official press release.
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