Image credit: GoCardless
GoCardless, a London-based fintech company, announced on Tuesday that it has secured $312M (approx €273M) in a Series G round of funding at a valuation of $2.1B (approx €1.8B). This capital injection makes GoCardless the latest UK tech unicorn.
The round was led by Permira with participation from new investor BlackRock Private Equity Partners. The latest funding round comes a year after the company secured €77.5M (approx €67.8M) in a Series F round.
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Fund utilisation
The funding will enable the UK company to grow its footprint in the open banking space through product development and geographical expansion.
Hiroki Takeuchi, co-founder and CEO of GoCardless, says, “The rise of open banking presents a once-in-a-generation shift, one that will change the way payments happen all over the world. I am delighted to have partners like Permira and BlackRock Private Equity Partners on board, with their global footprint…
