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Form3 raises $160m in Series C funding

London based platform payment technology provider raised $160m in Series C funding led by Goldman Sachs Asset Management.

Michael Mueller, chief executive officer at Form3 comments: “More and more financial institutions (FI’s) are placing mission critical processes onto a platform. Cloud-native technology is now proven at an industrial scale and confidence is high and growing. This announcement marks the beginning of a global roll out for Form3, and the funding required to tackle the next big challenges in payments; how should payments become smart - uniquely possible with our cloud native technology and an exciting new phase to come.”

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payments, london