London-based payments provider Volt has secured a $60m Series B round
IN BRIEF:
Volt is a real-time payments provider that uses open banking to facilitate transactions between merchants and customers
The company is looking to expand into the Asia Pacific market with an Australian launch planned later this year
The latest investment round for Volt was led by IVP. Other participants in the round were CommerzVentures, EQT Ventures, Augmentum Fintech PLC and Fuel Ventures.
What does this mean?
“True to its name, Volt is creating an electrifying global network for instantaneous, secure and cost-effective A2A payments,” said Eric Liaw, General Partner at IVP. “The wisdom and experience of the founders accrued at transformative payments companies, coupled with the talented employees at the company, strongly position Volt to give merchants and payment partners the lightning-fast, best-in-class payment solution they’ve wanted and needed.”
