
Sweden · Financial services startup
Brite Payments is a Swedish fintech company founded in 2019, specializing in real-time Instant Account-to-Account (A2A) payments through Open Banking, often referred to as "Pay by
Funding reportedLast round: Series A
Brite Payments is a Swedish fintech company founded in 2019, specializing in real-time Instant Account-to-Account (A2A) payments through Open Banking, often referred to as "Pay by
Bank." Headquartered in Stockholm, with additional offices in London, Málaga, and Valletta, Brite enables consumers to make direct payments from their bank accounts without the need for cards or apps. Operating in 27 European markets, Brite connects to over 3,800 banks and serves more than 350 million customers. Its proprietary Brite Instant Payments Network (IPN) facilitates fast and secure transactions. The company offers a range of services, including instant payments for e-commerce, rapid payouts for businesses, recurring payment solutions, and data analytics to enhance transaction efficiency and security. Brite's solutions are designed to reduce fraud risk and improve checkout conversion rates, making it an attractive option for merchants across various sectors, including e-commerce, financial services, and the gig economy.
Funding, as reported
What they build
Known for
bank_connectivitybank apipayment compliancedigital paymentsopen bankingconsumerspayment cost reductionrealtime paymentspayment securitycross_borderreservereal-time payment notificationspayment insightsinstant bank paymentstransaction monitoringpayment automation
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