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Open Payments

Simplifying B2B payments

Founded 2017 Sweden Sweden 25 employees Growth Total: $10.30M API, Fintech +2

General Information

Company Name Open Payments
Founded Year 2017
Location Sweden Sweden
Employees 25
Industries API, Fintech, Payments +1
Funding Stage Growth
Business Model B2B, API, Embedded Finance
Revenue Model Usage Based, Transaction Fee, Service Fee

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About Open Payments

Open Payments, founded in 2017, is a Swedish startup positioned at the nexus of API, Fintech, Payments, and Banking industries. Their slogan, "Simplifying B2B payments," underscores their mission to revolutionize financial operations through an embedded open banking solution. This platform seamlessly connects various financial management systems including ERPs, accounting, payroll, treasury, and cash management to multiple banks and financial institutions, thus providing substantial access to vital financial data and services.

By ensuring ease and security in B2B transactions, Open Payments strives to simplify financial management for businesses, thereby enhancing client experience and competitiveness. Their strategic growth was bolstered by a €3.00M Series A investment on 23 January 2025, supported by reputable investors such as Global Brain, Industrifonden, Luminar Ventures, Alfvén & Didrikson, Brightly Ventures, and Sony Financial Ventures. This financial backing and industry position make Open Payments a compelling consideration for future investment opportunities.

Business keywords: B2B Payments, Open Banking, Financial Management Systems Integration, API Aggregation, Bank API Networks, PSD2 Compliance, Embedded Technology, Treasury Management, Cash Management Solutions, ERP Integration, Accounting Systems, Payroll Systems, Secure Payment Solutions, Financial Institutions Connectivity, Market Infrastructure

Services & Products

Unified API for Banking Services
Payments Initiation
Accounts Data Management
Cross-Border and Domestic Payments
Integrated AML Monitoring

Target Customers

Business Systems Enterprise Clients Developers Financial Service Providers

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Growth Equity VC €3.00M 2
Industrifonden, Alfvén & Didrikson
01 Jan 2025
Growth Equity VC €3.00M 3
Industrifonden, Sony Financial Ventures +1
01 Mar 2023
Seed €3.00M 3
Industrifonden, Luminar Ventures +1
01 Aug 2020
Seed €1.30M 2
Luminar Ventures, Brightly Ventures
01 May 2019
Growth Equity VC Undisclosed 1
Vidici Ventures
01 Jan 2018

Open Payments Alternatives & Competitors

View All Alternatives
Open Payments vs
AccessPay
AccessPay United Kingdom

The Corporate-to-Bank integration platform.

Venture round
159 employees
Finance, Financial Services
Open Payments vs
Finmo
Finmo Singapore

Revolutionizing Global Payments and Treasury Management—Secure, Seamless, and Smarter.

Series A
126 employees
Financial Services, Fintech
Open Payments vs
Token.io
Token.io United Kingdom

The leading Pay by Bank infrastructure for banks, payment companies and platforms in the UK and Euro...

Venture round
101 employees
Financial Services, Fintech

FAQ About Open Payments

Simplifying B2B payments
Open Payments was founded in 2017.
Open Payments is headquartered in Sweden.
Open Payments operates in API, Fintech, Payments and Banking. Its work centres on B2B Payments, Open Banking, Financial Management Systems Integration and API Aggregation. Its customers include Business Systems, Enterprise Clients and Developers.
Open Payments has a B2B, API and Embedded Finance business model. Its revenue comes from Usage Based, Transaction Fee and Service Fee.
Open Payments has approximately 25 employees.
Open Payments has completed 5 funding rounds, raising a total of $10.30M. The latest funding stage is Growth.
Open Payments offers: Unified API for Banking Services, Payments Initiation, Accounts Data Management, Cross-Border and Domestic Payments, Integrated AML Monitoring.
Top alternatives and competitors to Open Payments include AccessPay, Finmo, Token.io, LUXHUB, Finqware. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Open Payments and AccessPay are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Open Payments, https://bouncewatch.com/company/open-payments, updated 3 April 2026. When citing, please name BounceWatch and link this page.

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