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HomeBankingSweden's Open Payments Raises €3 Million in Latest Funding Round

Sweden’s Open Payments Raises €3 Million in Latest Funding Round

Date:

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Open Payments secures €3 million to advance B2B open banking solutions, led by Alfvén & Didrikson

Highlights:

  1. Funding Round: Open Payments raised €3 million in a funding round led by Alfvén & Didrikson.
  2. Total Funding: This brings the company’s total funding to €11.5 million.
  3. Product Innovations: Recent launches include cross-border payment capabilities and real-time access to exchange rates.

Summary: Sweden’s Open Payments, a B2B open banking platform, has raised €3 million in its latest funding round. The round was led by Alfvén & Didrikson, with participation from Industrifonden and other existing investors. This brings the company’s total funding to €11.5 million.

Open Payments, founded by fintech veteran Louise Brandt, aims to simplify banking integrations by combining open banking API connections with ISO-based payment integrations. The new funding will help accelerate innovation and expand the platform’s capabilities.

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