Bain Capital Ventures is a multi-stage venture capital firm investing across fintech, application software, infrastructure, and commerce-tech.
The investment will accelerate the delivery of next-generation bank-to-bank payments and open banking capabilities.
"This funding round demonstrates the strength of the business and the confidence both our customers and investors have in GoCardless. We’re incredibly proud to have seen continued business growth in such challenging times, and to have been able to continue supporting our customers – helping them stay in control of their payments and cash flow."
Sir Peter Wood and Bain Capital led the funding round to support Pikl in scaling its specialized insurance business.
"Pikl has an innovative proposition that will appeal to a fast-growing and under-served market, with significant potential for global expansion. Louise and her team have the experience and drive to fill this gap and I am delighted to support them on this journey"
