Open Payments logo — Simplifying B2B payments

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 +1
Employees 25
Industries API, Fintech, Payments +1
Funding Stage Growth

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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.

Taxonomy: 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 •••••• 2
Investor Investor
01 Jan 2025
Growth Equity Vc •••••• 3
Investor Investor
•••• ••••
01 Mar 2023
Seed •••••• 3
Investor Investor Investor
01 Aug 2020
Seed •••••• 2
Investor Investor
01 May 2019
Growth Equity Vc •••••• 1
Investor
01 Jan 2018

Open Payments Alternatives & Competitors

View All Alternatives
Open Payments vs
Airapi
Airapi Turkey

Get your PSD2 complied Open Banking & BaaS platform quickly. Save time and money by solving complia...

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Open Payments vs
Xaru.io
Xaru.io Greece

Corporate expense management and individual banking

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Open Payments vs

Redesigning fintech

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FAQ About Open Payments

Simplifying B2B payments
Open Payments was founded in 2017.
Open Payments is headquartered in Sweden.
Open Payments operates in the following industries: API, Fintech, Payments, Banking.
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 Airapi, Xaru.io, Fingate.io, PayGears Corporation, Yobota. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Open Payments and Airapi 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.

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