Series A · Fintech · Stockholm, Sweden · Founded 2019 · 145–160 employees
Brite Payments is a second-generation fintech that leverages open banking technology to process instant account-to-account payments between consumers and merchants across Europe. Founded by experienced Klarna executive Lena Hackelöer in 2019, the company reached profitability in 2022 and more than doubled its transaction volume and revenue that year. Brite operates in 27 European markets with connections to over 3,800 banks serving 350+ million customers, offering instant payments and payouts without requiring card details or account creation. The company raised $60 million in 2023 led by Dawn Capital to accelerate European expansion and was recognized as Sweden's 7th fastest-growing tech company by Deloitte in 2024.