British Patient Capital is making the investment, which closes out Form3’s Series C at $220 million. Others in the round include a mix of notable strategic and financial investors such as Visa, Goldman Sachs, MasterCard, Barclays, Molten Ventures and 83North. Sources familiar with the matter told TechCrunch that the startup is valued in the region of $570 million post-money.
A lot of fintechs wade into the market with disruptive mentalities — they are outsiders who see what is broken and are inspired to fix it. Form3 has slightly different DNA.