GoCardless Raises $312 million Series G

GoCardless raised $312M in Series G financing led by BlackRock, with participation from BlackRock, Various. AI-powered bank-to-bank payment network. The new capital is framed around Expand open banking network and launch GoCardless Protect+ fraud prevention.

What it does

AI-powered bank-to-bank payment network. The business sits in FinTech, where funded companies are using fresh capital to deepen product coverage, distribution, or operating capacity.

Traction

Processing $30B+/year; Variable Recurring Payments enables subscription flexibility. Management framed the new capital around Expand open banking network and launch GoCardless Protect+ fraud prevention.

Trend impact

Bank-to-bank payment network competing with card networks for recurring billing. The capital raise matters because it gives the company more room to compete for customers, talent, and mindshare while incumbents and adjacent startups respond with clearer product depth or distribution.

Funding history

• February 1, 2022 · Series G · $312 million · BlackRock

Products & services

• FinTech workflow monitoring tied to the funding announcement
• Customer-facing product described on the company website
• Operational tooling for fintech teams
• Data capture and reporting across core business processes
• Team expansion support funded by the latest round