Brite Payments, established in 2019 and headquartered in Stockholm, Sweden, is gaining rapid traction in the European fintech sector by providing an innovative instant payments solution. Utilizing open banking technology, Brite Payments facilitates real-time account-to-account transactions without the need for traditional signup or credit card details. Their seamless integration with over 3,800 banks allows them to reach over 350 million customers across 27 European markets.
Industry recognition has further validated their technology; Deloitte ranked Brite as the 7th fastest-growing tech company in Sweden in 2024, while they received accolades such as 'Best Online Payments Solutions' at the Payment Awards and a place on Sifted's 'Rising 100' list.
Recently, Brite Payments secured a significant $60 million in Series A funding, with investments led by Dawn Capital and Incore Invest.