# Brite

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/brite

- Industry: Software
- Headquarters: Stockholm, Sweden
- Website: www.britepayments.com
- Total disclosed funding: $60M
- Latest round: Series A (Oct 4, 2023)
- Investors on record: 3

## About

Based in Stockholm, Sweden, and founded in 2019 by CEO Lena Hackelöer, Brite AB, a.k.a. Brite Payments operates as a provider of a payment platform that allows users to make instant account-to-account payments. In October 2023, Brite Payments raised USD 60 million in a Series A funding led by Dawn Capital, with participation from Headline and Incore Invest.

The company provides a payment platform that enables businesses to integrate instant account-to-account (A2A) payments and payouts. As of October 2023, Brite Payments offers services in 25 European countries and connections with 3,800 banks, enabling it to serve over 350 million customers.

The company plans to use its proceeds from October 2023 funding to accelerate geographic expansion, support product development, and strengthen its market presence.

## Funding rounds

- Series A, Oct 4, 2023, $60M — Headline, Dawn Capital, Incore Invest

## Investors

- Headline (https://capitalatlas.ai/funds/headline) — Series A
- Dawn Capital (https://capitalatlas.ai/funds/dawn-capital) — Series A
- Incore Invest (https://capitalatlas.ai/funds/incore-invest) — Series A
