Open Payments Europe

SoftwareSeedStockholm, Swedenopenpayments.io

Latest round

Seed

Last raised

Aug 2020

Total raised

$4.9M

Investors

3

About Open Payments Europe

Open Payments Europe AB was founded in 2017 and is headquartered in Stockholm, Sweden. The company focuses on enhancing B2B payments through innovative technology. The founders, John-Christian de Champs and Louise Brandt, have a history in the financial technology sector.Open Payments specializes in simplifying the integration of financial services through its unified API, connecting clients to multiple banks seamlessly. Their core offering enables businesses to access diverse banking services, including payment processing for invoicing, payouts, and bank transfers, thereby reducing operational complexity. Targeting businesses seeking to enhance their financial product offerings, Open Payments aims to streamline cash flow visibility and account reconciliation. The platform supports private and corporate accounts, catering to a wide range of users from small businesses to larger enterprises across various geographical markets, including Europe.20. The company generates revenue primarily through transaction-based services facilitated by its unified API, allowing clients to access various banking functionalities. Their business model likely involves partnerships with banks, where clients pay for integrated financial services, minimizing middlemen and high transaction fees. The company plans to launch new products targeting enhancements in financial service integration and aims to expand into additional European markets by 2026.

Who invested in Open Payments Europe

3 investors across 2 rounds

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Funding rounds

  1. Seed

    Aug 24, 2020

    Amount

    $3.6M

    Investors

    Locked

  2. Seed

    May 28, 2019

    Amount

    $1.3M

    Investors

    Locked

Questions about Open Payments Europe

Who invested in Open Payments Europe?

Open Payments Europe has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Open Payments Europe raised?

Open Payments Europe has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Open Payments Europe last raise money?

Open Payments Europe's most recent round on record is a Seed, in Aug 2020.

What does Open Payments Europe do?

Open Payments Europe AB was founded in 2017 and is headquartered in Stockholm, Sweden.

Where is Open Payments Europe headquartered?

Open Payments Europe is headquartered in Stockholm, Sweden.

Which VCs invest in companies like Open Payments Europe?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Open Payments Europe's stage. Their profiles are linked below.

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