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The work produced one code base capable of handling 1.7 million transactions per second.
Open Banking technology can help small and medium-sized online retailers save an estimated £19,000 by reducing transaction fees associated with payments providers.
Through a partnership with birdee, ‘Easy Investments’ allows Bunq’s users to invest.
The B2B payments platform for emerging markets plans to use the latest proceeds to build out local teams in Brazil and Mexico, among other LatAm countries.
The partnership aims to create ‘an easy way for people to understand their eligibility for credit products’.
The Canadian fintech will use the proceeds to add to its headcount and expand its product range.
Karl Hagner, former Adyen exec, has been named as country manager for Sweden.