Valar Ventures led a $20m Series A round in Ivy.

Valar Ventures, a venture capital firm, led a $20m Series A round in Ivy, a global API provider for instant bank payments. "Ivy is building for account-to-account payments what Visa and Mastercard built for cards: a single, global access point for merchants and consumers. A powerful payments platform combined with intelligent routing that increases conversion and success rates for businesses - the market demand for Ivy's solution is extremely impressive," Andrew McCormack, Valar Ventures Investor.