# Open Payments Europe

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/open-payments-europe

- Industry: Software
- Headquarters: Stockholm, Sweden
- Website: www.openpayments.io
- Total disclosed funding: $4.9M
- Latest round: Seed (Aug 24, 2020)
- Investors on record: 3

## About

Open Payments Europe AB, based in Sweden, specializes in simplifying financial service integrations through a unified API, offering businesses seamless access to banking services such as payment processing and transfers.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 has completed a total of 4 deals, with its most recent funding round occurring on January 23, 2025, where it raised EUR 3 million led by Alfvén & Didrikson, with participation from Industrifonden. This latest funding round represents the total amount raised by the company thus far.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. The company adheres to the highest international standards of privacy and security to ensure the safe management of financial data.For the year 2022, Open Payments reported a revenue of EUR 188,103.30, alongside an EBITDA of EUR -1,577,837.20. 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. Revenue streams include transaction processing fees and subscription plans for premium features.In January 2025, Open Payments Europe AB raised EUR 3 million in funding to support continued growth, advance product development, and simplify B2B payments across Europe. The company plans to launch new products targeting enhancements in financial service integration and aims to expand into additional European markets by 2026.

## Funding rounds

- Seed, Aug 24, 2020, $3.6M — Industrifonden, Luminar Ventures, Brightly Ventures
- Seed, May 28, 2019, $1.3M — Luminar Ventures, Brightly Ventures

## Investors

- Luminar Ventures (https://capitalatlas.ai/funds/luminar-ventures) — Seed
- Brightly Ventures (https://capitalatlas.ai/funds/brightly-ventures) — Seed
- Industrifonden (https://capitalatlas.ai/funds/industrifonden) — Seed