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Form3 bags $60m Series C extension with new investor British Patient Capital

  • 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.
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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