# Brite Payments: Financial services, Stockholm, Sweden

> Brite Payments: Brite Payments is a Swedish fintech company founded in 2019, specializing in real-time Instant Account-to-Account (A2A) payments through...

Source: https://millionrounds.com/startup/brite-payments (Millionrounds; every figure on the page links to its filing or article)

Sweden · [Financial services startup](https://millionrounds.com/companies)

# Brite Payments

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 reported Last round: Series A

Financial services Stockholm, Sweden

Company summary

- **Founded:** 2019 7 years old
- **Team:** 160 51 to 200 people
- **Funding reported:** 60M as listed, currency not stated
- **Last round:** Series A Oct 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Brite Payments has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Brite Payments

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.

## What company datasets say Brite Payments raised

Funding, as reported

Reported in all **60M** in the source's currency

Rounds **2**

Last round **Series A**

Last round size **60M**

Last round date **Oct 2023**

Investors listed **4**

## The company, in detail

What they build

Known for

bank_connectivity bank api payment compliance digital payments open banking consumers payment cost reduction realtime payments payment security cross_border reserve real-time payment notifications payment insights instant bank payments transaction monitoring payment automation

Built with from their website

Google Cloud APIs Google Tag Manager parallax.js Looker Studio Hotjar REST WordPress.org HREF Lang Figma Atlassian

+8 more

Kinsta TypeScript Google Cloud Pytest Google Ads Font Awesome Google Cloud Firestore Elementor

- **Sector:** Financial services
- **Industry code:** NAICS 522320, SIC 6099, 7389
- **Region:** Stockholm County
- **Revenue:** 12M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/brite-payments)

## Financial services in Sweden

Startups like it

- [**Froda** Stockholm · founded 2015 *Raised*](https://millionrounds.com/company/froda)
- [**Anyfin** Stockholm · founded 2017 *Raised*](https://millionrounds.com/company/anyfin)
- [**Open Payments** Stockholm · founded 2017 *Raised*](https://millionrounds.com/company/open-payments)
- [**Zaver** Stockholm · founded 2016 *Raised*](https://millionrounds.com/company/zaver)
- [**Trustly** Stockholm · founded 2008](https://millionrounds.com/startup/trustly-2)
- [**Tradergruppen** Stockholm · founded 2021](https://millionrounds.com/startup/tradergruppen)
- [**Lysa** Stockholm · founded 2015](https://millionrounds.com/startup/lysa)
- [**Zettle by PayPal** Stockholm · founded 2010](https://millionrounds.com/startup/zettle-by-paypal)

## Is this your company?

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