- Form3 closes a $60 million Series C extension with British Patient Capital as a new investor.
- Funding will be used for product and service development, focusing on growth in key markets: the UK, Europe, and the US.
- Form3 completed certification for the Federal Reserve’s FedNow instant payment system in 2023.
- This extension builds on a $160 million Series C raised in 2021, supported by Lloyds Banking Group, Nationwide, Barclays, Mastercard, and led by Goldman Sachs.
- Visa made an undisclosed investment last year as part of a commercial partnership.
- Form3 processes real-time account-to-account (A2A) payments for banks and institutions, including Klarna.
