Ivy, the Berlin-based fintech that specializes in the development and deployment of tools for merchants to integrate open banking payment account options at check-out, has secured $20 million in a Series A funding. The round was led by Valar Ventures, coming just five weeks after Ivy announced a $7.7 million seed round. Ivy aims to expand its open-banking payment services internationally, focusing on creating a global network for open-banking payments. The company serves 5,000 banks across 50 geographies, with a total integrated platform covering 500 million accounts.
Ivy Raises $20M to Take Open-Banking Payments International
