Form3 raises USD 33 mln in strategic investment round

Tuesday 18 August 2020 10:07 CET | News

Form3, the cloud-native payment technology provider for banks and regulated fintechs has announced the completion of a strategic equity investment round of USD 33 million. 

The new shareholders include Lloyds Banking Group, Nationwide Building Society and venture capital firm83North. Draper Esprit has also re-invested following its participation in November 2018. 

Form3’s cloud-native, API platform delivers technical connectivity and managed services to address critical payments infrastructure challenges facing banks and fintechs globally.  The funding will strengthen Form3’s market leading cloud-native payment technology, building significant functional enhancements and accelerating their global expansion plans in existing and new markets. 

The new shareholders join existing investors Angel Co-Fund and Barclays.

For more information about Form3, check our online company database.

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Keywords: Form3, investment, Lloyds Banking Group, Nationwide Building Society, 83North, payments , fintech, banking
Categories: Banking & Fintech
Countries: World
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Banking & Fintech

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