Brim Financial, a leading fintech infrastructure company, has just closed an $85 million Series C funding round, showcasing its robust revenue growth and momentum in the credit card platform and payment automation space. The funding round was led by EDC Investments, with participation from Vistara Growth, White Owl Group, Epic Ventures, and Zions Bank.
This significant investment will fuel Brim’s expansion into the U.S. market, allowing the company to extend its market reach, accelerate product development, and form strategic alliances. Brim’s modular platform and scalable product suite empower financial institutions, fintechs, and large international brands to meet customer needs efficiently and cost-effectively.
CEO and Founder of Brim, Rasha Katabi, expressed excitement about the funding, stating that it will accelerate the company’s growth and international expansion. Brim aims to redefine the credit card and payment infrastructure landscape by focusing on platform automation and integrating open banking capabilities.
Since the successful closure of the Series B funding round, Brim has made significant strides, including partnerships with Mastercard and TrueNorth to deliver innovative credit card solutions to financial institutions and fintech customers. The company has also expanded its presence in the U.S. market, solidifying its position as a market leader.
With plans to ramp up hiring across all functions, Brim is poised for continued success and growth in the fintech industry. To learn more about Brim Financial and its innovative solutions, visit their website at brimfinancial.com.