Stay updated with breaking news from Token Pay. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The U.K. got an earlier start on open banking implementations, prompting European merchants and fintechs to turn to payments-as-a-service providers for rapid deployment.
Open Banking Payments Platform Token Secures $15 Million Though Series B Financing Round Token, an open banking payments platform, announced on Wednesday it raised $15 million through its Series B financing round, which saw participation from SBI Investment Co. Ltd. Sony Innovation Fund By IGV, Octopus Ventures, EQT Ventures, and BNP Paribas’ venture arm Opera Tech Ventures. Founded in 2016, Token describes itself as an open banking payments platform that’s driving the “shift” from traditional payment methods to bank payments with Pan-European bank connectivity, data, and complian...