# GoCardless has raised $95 million in Series F funding.

*fintech · news · 2020-12-17 · TechCrunch*

## Key points

- GoCardless raised $95 million in Series F led by Bain Capital Ventures, totaling $240 million to date.
- The valuation is just over $970 million, making GoCardless a 'soonicorn' rather than a unicorn.
- GoCardless will combine open banking-enabled bank-to-bank payments with its global bank debit network.
- New open banking products are under development and will launch in the first half of 2021.
- GoCardless processed the first variable recurring payment via open banking last year in a pilot test.

**Companies:** GoCardless
**Countries:** United Kingdom

[Read the full story on TechCrunch](https://techcrunch.com/2020/12/17/gogardless-series-f/)

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