Swedish Fintech Open Payments Raises €3M for B2B Payments

Swedish fintech Open Payments raised €3 million in funding to develop and scale its B2B payment solutions. The company operates in the open banking space, providing infrastructure that enables businesses to integrate payment capabilities directly into their platforms and workflows. Open Payments leverages open banking connectivity to offer embedded payment services, aligning with the broader European push toward PSD2-enabled financial infrastructure.

The funding will be used to enhance the company's product offerings and expand its market presence. As an open banking-based payments provider, Open Payments fits within the embedded finance ecosystem by enabling non-financial businesses to offer payment functionality. The relatively modest round reflects the early-stage nature of many European open banking startups.