The Board of Banking Competition Remedies Ltd (BCR) has announced today that Form3 in partnership with Ebury Partners are awarded £5m funds of the Capability and Innovation Fund Pool D grant. The grant will support Form3 and Ebury in building the first API-based global transaction platform for UK SMEs, to be distributed at scale through Financial Institutions (FIs). Form3 and Ebury are two highly innovative, fast-growing and cloud-native UK FinTech companies, whose models are designed to scale rapidly and provide substantial benefits to SMEs by offering them access to their global transaction platform. This funding announcement is one of the 5 innovative projects that have been awarded the BCR Pool D funds out of 60 applications received.
For more information, please contact:
7 Harp Lane
EC3R 6DP London
How EBICS should have been built - A modern API for bank accounts. Fully automatized processing of incoming and outgoing money transactions.