FinTech Journey Of Success: London-based Global Payments Network & Tech Platform, GoCardless
GoCardless, is a worldwide market pioneer in Account-to-Account (A2A) payment transactions. The FinTech firm makes it simple to collect one-time and recurring payments straightforward from the bank accounts of customers.
Company Overview:
- GoCardless was founded in the year 2011.
- Headquartered in London, England, United Kingdom.
- Founders:
- Hiroki Takeuchi, as Chief Executive Officer (CEO);
- Matt Robinson;
- Tom Blomfield;
- Team:
- Duncan Barrigan, as the Chief Product Officer;
- Nanna Saito Nielsen, as the VP of Banking Operations;
- Deepak Colluru, as the Principal Product Manager;
- Even Walser, as the Chief Revenue Officer;
- Andrew Wiggan, as the Vice President – Product Management;
- Mark Donkin, Head of Sales Operations;
- Board Members:
- Matt Robinson;
- Mark Zaleski;
- Carlos Gonzalez- Cadenas;
- James Wise;
- Stelios Gerogiannakis;
- GoCardless acquired Nordigen on July 1, 2022..
- The firm has had ten fundraising rounds, where it managed to raise a sum total of around 529.3 Million US Dollars.
Company Expertise:
- Account-To-Account (A2A) payments,
- Online Payments,
- Recurring payments,
- One-off payments,
- Payment Collection,
- Direct Debit,
- BACS,
- Open banking,
Fundraising Rounds and Investors:
- In the month of August, 2011, the company had its Seed funding round. The investor of this round was:
- HackerNews;
- In the month of February, 2012, the company had another Seed funding round, where it raised around 1.5 Million US Dollars. The investors of this round were:
- California-based Venture Capital (VC) firm, Accel;
- London-based Venture Capital (VC) firm, Passion Capital;
- California-based angel firm, SV Angel;
- California-based start-up accelerator, Y Combinator;
- California-based joint venture firm, Start Fund;
- Tom Hulme, as an angel investor;
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- In the month of April, 2013, the company had its Series A round of funding, where it raised around 3.3 Million US Dollars. The investors of this round were:
- California-based Venture Capital (VC) firm, Accel;
- London-based Venture Capital (VC) firm, Passion Capital;
- In the month of January, 2014, the company had its Series B round of funding, where it raised around 7 Million US Dollars. The investors of this round were:
- California-based Venture Capital (VC) firm, Accel;
- London-based Venture Capital (VC) firm, Balderton Capital;
- London-based Venture Capital (VC) firm, Passion Capital;
- In the month of December, 2014, the company had a support program funding round. The investor of this round was:
- London-based growth platform, Tech Nation;
- In the month of March, 2016, the company had its Series C round of funding, where it raised around 13 Million US Dollars. The investors of this round were:
- California-based Venture Capital (VC) firm, Accel;
- London-based Venture Capital (VC) firm, Balderton Capital;
- London-based Venture Capital (VC) firm, Passion Capital;
- London-based early-stage venture fund, Notion Capital;
- In the month of September, 2017, the company had its Series D round of funding, where it raised around 22.5 Million US Dollars. The investors of this round were:
- California-based Venture Capital (VC) firm, Accel;
- London-based Venture Capital (VC) firm, Balderton Capital;
- London-based Venture Capital (VC) firm, Passion Capital;
- London-based early-stage venture fund, Notion Capital;
- In the month of February, 2019, the company had its Series E round of funding, where it raised around 75 Million US Dollars. The investors of this round were:
- California-based Venture Capital (VC) firm, Accel;
- Chicago-based investment management firm, Adams Street Partners;
- London-based Venture Capital (VC) firm, Balderton Capital;
- London-based Venture Capital (VC) firm, Passion Capital;
- London-based early-stage venture fund, Notion Capital;
- California-based investment firm, GV;
- California-based investment firm, Salesforce Ventures;
- In the month of December, 2020, the company had its Series F round of funding, where it raised around 95 Million US Dollars. The investor of this round was:
- California-based investment firm, Bain Capital Ventures;
- In the month of February, 2022, the company had its Series G round of funding, where it raised around 312 Million US Dollars. The investors of this round were:
- London-based investment firm, Permira;
- Washington-based Venture Capital (VC) firm, BlackRock Private Equity Partners;
For around 65,000 organizations across the world, including large corporations and small-scale enterprises, the global payments network and technology platform of GoCardless makes getting paid painless. GoCardless processes payments totaling to around 30 Billion US Dollars annually in over 30 nations.
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