Portfolio

GoCardless raises $22.5m on the back of record annual growth in the UK and strong traction in new markets

SEP 19, 2017

Gocardless today announced they have secured $22.5m in funding, with Accel, Balderton Capital, Notion and Passion participating in the round. 

Hiroki Takeuchi, CEO and founder, GoCardless

As more and more businesses become international, they face endless frustrations in managing payments across multiple territories. What we have engineered is a way to simply plug recurring payments into their existing systems, across the world, so they can focus on the challenges that really matter.

Hiroki Takeuchi, CEO and founder, GoCardless

The funding comes after a period of strong growth for the firm, who have processed over $4B worth of transactions across more than 30,000 organisations in the UK and Europe.

You can read about the news on Techcrunch here.

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