Stockholm-based startup Atlar raised a $5 million (€5 million) seed round led by Index Ventures. The company has been working on an application programming interface (API) that facilitates bank-to-bank payments for European businesses.
In addtion to Index Ventures, La Famiglia VC, Cocoa and various business angels also participated in the round, such as Revolut CFO Mikko Salovaara, former EVP of global sales at Adyen Thijn Lamers and N26 CFO Jan Kemper.
While European consumers are already quite familiar with open banking and payment initiation, a lot of B2B transfers are still processed manua
Former Tink employees launch Atlar, a payment automation startup
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