Open Payments, a Swedish B2B fintech, raised €3M (~$3.25M).
The startup enables online banking through customers' business systems and interfaces.
"We see an increasing demand from leading accounting and ERP systems and other financial systems that want to utilize Open Banking in their products in a secure and reliable way," said Louise Brandt, CEO and founder of the startup.
- Open Payments plans to scale the product and expand to new markets.
- The startup uses banks' APIs to enable payments, account reconciliation, and cash management.
