Instant bank payments startup Ivy secured $7.7M in Seed round led by Creandum

Ivy, an API for instant bank payments, has secured €7 million ($7.7 million) in a seed investment round led by European VC Creandum.
Payment and transaction fees can rack-up because of card networks, gateways and wallets that are all involved in today’s online transactions. Ivy’s solution is to allow merchants to accept instant bank payments literally at the checkout. That means the ‘middle-men’ transaction fees can be substantially reduced, and the transaction speed increased, claims the startup.
In a statement Ferdinand Dabitz, Co-Founder Ivy said: “In ten years, trillions of do

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