.
MergerLinks Header Logo

New Deal


Announced

Completed

Dawn Capital led a $60m round in Brite Payments.

Financials

Edit Data
Transaction Value£49m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

Venture Capital

Cross Border

Minority

Acquisition

Sweden

fintech company

FinTech

Private Equity

Completed

Friendly

Single Bidder

Synopsis

Edit

Dawn Capital, an early-stage venture fund, led a $60m round in Brite Payments, a fintech company., with participation from Headline and Incore. “We see account-to-account payments gaining momentum across Europe, but merchants are still struggling to realise the full potential for their businesses. That’s why we’ve built a complete instant A2A payments and payouts offering that can be plugged into any checkout, while eliminating operational hassles such as settlement accounts, reconciliation or FX. 2022 was our breakthrough year, and with this funding round, we’re ready to accelerate our growth and bring Brite to more markets and checkouts across Europe,” Lena Hackelöer, Brite Payments Founder & CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US