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UK Payments Platform GoCardless Scores $95 Million Through Series F Investment Round Led By Bain Capital Ventures   UK-based payments platform GoCardlessannounced on Thursday it raised $95 million through its Series F funding round, which was led by Bain Capital Ventures. Founded in 2011, GoCardless is on a mission to take the pain out of getting paid for businesses with recurring revenue. “We’ve created a global bank debit network, to rival credit and debit cards. On top of it, we’ve built a platform designed and optimised for taking invoice, subscription, membership and installment ...

London-based payments startup GoCardless has raised a Series F funding round of $95 million.  The funding was led by Bain Capital Ventures and takes the total raised by the company to $240 million. GoCardless is a payments processor that competes with US giant Stripe and is the latest in a string of major European fintechs to fundraise in 2020. London-based payments fintech startup GoCardless has raised a Series F funding round of $95 million.  The funding, first reported by Business Insider at the beginning of November and confirmed by GoCardless on Wednesday, was led by Bain Capital Ventu...

GoCardless raises another $95M as it bets on open banking alongside its recurring payments network GoCardless, the London fintech that aims to become the one-stop shop globally for businesses that want to let customers pay via recurring bank payments, has raised $95 million in Series F funding. According to The Telegraph newspaper, this gives the company much coveted unicorn status. However, I understand the round values GoCardless at just over $970 million, meaning that the 2011-founded fintech is perhaps best described as a soonicorn (presuming these things are important to you). The latest...

Founded in 2011, GoCardless processes direct debit payments — recurring transactions withdrawn directly from a customer's bank account for things like subscriptions, invoices and installments — for its business clients. The London-based company has won backing from top investors including the venture capital investment arms of Alphabet and Salesforce. "It's been a strange round in some ways because it wasn't something we'd planned," GoCardless CEO and co-founder Hiroki Takeuchi told CNBC. "We thought that we would raise money next year." "2020 has been a tumultuous year with a lot going o...

2 Min Read LONDON (Reuters) - British digital payments firm GoCardless has raised $95 million in an investment round led by Bain Capital Ventures, the company said on Thursday. The startup will use the cash injection to invest in its open banking strategy, enabling more businesses to accept bank-to-bank payments and replacing more costly card transactions, it said. London-based GoCardless processes direct debit payments, which are recurring transactions withdrawn directly from a consumers’ bank account. Clients include businesses such as those charging monthly subscriptions or offering inst...