Form3, a Fintech Power 50 member and Cloud-native payments platform provider has revealed its ambitious growth plans for expansion across Europe and a new dedicated team based in Amsterdam.
Founded in 2016, Form3 has led the UK digital payments marketplace with its cloud-native, API payments platform enabling financial institutions and regulated fintechs access to real-time, ACH and Direct Debit payments in the UK and Europe. Form3 who are already serving several large customers in Europe is set to grow by approx. 300% this year and has already expanded its workforce by 50%
since 2018.
Michael Mueller, CEO of Form3 commented, “The need for better access to scalable and efficient payments technology is a global challenge. From the outset, our mission has been to make payments faster, easier and more cost effective for the global financial community and in doing so, ensuring financial inclusion is possible for everyone. Our expansion across Europe means we can better serve our customers, many of whom are multi-national financial institutions wanting both domestic and pan-European payment services and solutions at low cost.”
Today’s announcement also sees a new dedicated team based in Amsterdam to support Form3’s European growth and address the strong demand from customers and prospects looking for a single API platform approach to payments.
Alex Schoonkind, Head of Customer Success & Growth Europe commented, “It is an exciting time to be at Form3 as we embark on our strategic expansion plans in Europe. The team is ready to build on Form3’s growing customer base which includes European leaders such as N26, Holvi and LHV amongst others.”
