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Swedish startup Open Payments raises €3 million

Swedish fintech Open Payments has raised €3 million in seed funding backed by Nordic VC Industrifonden.

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Swedish startup Open Payments raises €3 million

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Existing investors Brightly Ventures, Luminar Ventures, and angel investors also participated.

Founded by former iZettle and Microsoft alumni, Open Payments last closed a pre-seed investment of SEK1.3 million in May 2019.

With the new funding, the FSA-licenced firm says it will hire more staff as it bids to expand its account aggregation platform beyond its Nordic base in Sweden and Finland and into wider EU markets.

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