Form3, a prominent British payment technology firm, has recently secured a £10m investment.
This funding, contributed by British Patient Capital, forms part of Form3’s Series C extension round. Other notable investors participating in this round include Visa and Molten, among others.
As a leading entity in the payment technology landscape, Form3 offers a robust solution that allows major banks and financial institutions to expedite their digital transformation journeys. By connecting to multiple payment schemes through a single, scalable platform, Form3 replaces outdated legacy systems with advanced, cloud-native infrastructure tailored for real-time payments.
The fresh injection of capital will fuel Form3’s ongoing efforts to scale operations, develop new products and services, and extend its reach into new territories.
Tom Haywood, Managing Director, Direct Investments at British Patient Capital, said, “Form3 has built a leading solution for a challenge that banks worldwide are facing: how to transition to a modern, future-proof payments infrastructure. We are delighted to support them as they take the next steps in their growth journey.”
Benyam Hagos, Chief Financial Officer at Form3, expressed his views on the impact of the new funding: “British Patient Capital’s investment enables Form3 to continue to deliver mission-critical infrastructure technology for the world’s most established banks and financial institutions.”
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