Open Payments secures €3 million to advance B2B open banking solutions, led by Alfvén & Didrikson
Highlights:
- Funding Round: Open Payments raised €3 million in a funding round led by Alfvén & Didrikson.
- Total Funding: This brings the company’s total funding to €11.5 million.
- 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.