£45.9M
British Patient Capital joins existing backers including Visa to fund product development and market expansion.
Form3
Form3 operates a cloud-native account-to-account payment processing platform.
£202MTotal raised
Form3 provides a cloud-native account-to-account platform that handles critical payments architecture for major banks and financial institutions. Founded in 2016, the company operates an always-on service utilised across the UK, Europe and the US.
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Team
Michael Mueller
Chief Executive Officer
Michael is the founder and executive chair of Form3, having previously served as its chief executive officer. He also holds advisory and lecturing roles at UCL, Imperial College London, and Pliant.
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Adam Moulson
Chief Customer Officer
Adam brings financial services and payments experience from roles at Visa, Griffin, Form3 Financial Cloud, and SWIFT.
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Laura Francis
Head of Brand and Marketing Communications
Laura brings marketing and brand experience from Form3, 10x Banking, and Aquila Heywood. She is currently founder at The Sussex Studio.
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Penny Hughes
Non-Executive Director
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Benyam Hagos
Chief Financial Officer
Investors
- £45.9M
- £116MLBLloyds Banking GroupFollow-onNBNationwide Building SocietyFollow-on83NorthFollow-on
Draper EspritFollow-on
- £25.1M
- £5.0M
- £9.8M
Funding history
£116M
Goldman Sachs Asset Management led the Series C round to support international expansion and platform development.
£25.1M
Lloyds Banking Group, Nationwide Building Society and 83North led the Series C round to support product enhancement and global expansion.
£5.0M
The funding was awarded through the Capability and Innovation Fund Pool D grant to develop a global transaction platform for UK businesses.
£9.8M
Draper Esprit led the Series B financing round to support international expansion and product development.