Headquartered in Stockholm, Sweden, Brite Payments is revolutionising how businesses pay and get paid across Europe. Harnessing the power of open banking, Brite processes instant payments between consumers and online merchants.
With no signup or credit card details required, consumers authenticate themselves with top-of-mind details using their bank’s usual identification method. This is not only a more convenient and secure payment method for consumers, but it also provides merchants with immediate fund settlement, zero chargebacks, and, crucially, reduced costs.
Led by an experienced team of fintech executives, Brite is expanding with connections to over 3,800+ banks and a range of payment products available in 27 European markets.