<\/p>\n
BR-DGE: expanding<\/p>\n
BR-DGE,\u00a0the payments technology company, has secured \u00a310 million, along with a new growth investor, as it executes its international plans.<\/p>\n
Founded in Edinburgh in 2018 by Stagecoach employee Brian Coburn, BR-DGE helps enterprise merchants maximise payment performance.<\/p>\n
The company has seen a 15 times increase in platform volumes in under two years, with transactions set to exceed 100 million per month by the end of the year. <\/p>\n
Having established a leadership position in gaming payments, BR-DGE is now expanding into other enterprise sectors, with recent customer wins including major e-commerce business The Hut Group and Betfred.<\/p>\n
This latest funding round has seen\u00a0Bettor Capital, a specialist US-based investor in the gaming industry, join as a new growth partner, alongside continued backing from existing investors. <\/p>\n
The new investment will be used to further enhance BR-DGE\u2019s platform capabilities, strengthen go-to-market activity and drive geographic growth, with significant new market and product launches planned for the second half of this year.<\/p>\n
Thomas Gillan, CEO, said:\u00a0\u201cThis investment gives us additional backing at a pivotal stage of international expansion. <\/p>\n
\u201cPayments have become a much bigger strategic priority for enterprise merchants, particularly in complex, regulated sectors where resilience, competitive advantage, customer experience and compliance are critical to success. <\/p>\n
\u201cThe next generation of payment infrastructure is not about moving money; it\u2019s about optimising every transaction.<\/p>\n
\u201cThis new funding will enable us to further develop our platform, power our growth plan and help more merchants solve the payment infrastructure problems that matter most in large-scale businesses.\u201d<\/p>\n
BR-DGE has also appointed\u00a0Perry Blacher\u00a0as chairman, bringing more than 25 years\u2019 experience across technology and financial services, including as a founder, investor, advisor and board member. <\/p>\n
A graduate of both the University of Cambridge and Harvard University, Mr Blacher adds senior fintech, investment and board-level expertise to the leadership team.<\/p>\n
Jake Kleiner, partner at Bettor Capital,\u00a0said: \u201cWe invest in core infrastructure that powers the gaming industry, and BR-DGE is a clear example of that strategy. <\/p>\n
\u201cIts growing positioning in gaming, combined with significant opportunity in adjacent verticals, made this a highly attractive investment opportunity.\u201d<\/p>\n
Pauline Bradley, CEO at Greyfriars, BR-DGE\u2019s long-term investment adviser, added:\u00a0\u201cWe have supported BR-DGE throughout its journey to becoming a category-leading payments technology company, and we are committed to continuing that support.\u201d<\/p>\n
\t #BRDGE #raises #10m #expand #payments #platform #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"
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