Google, Salesforce invest in UK payments startup GoCardless

FILE - This Tuesday, July 19, 2016, file photo shows the Google logo at the company's headquarters in Mountain View, Calif. In his first State of the State address, Tuesday, Feb. 12, 2019, California Gov. Gavin Newsom said the state's consumers should get a piece of the billions of dollars that technology companies make off the personal data they collect. California-based Facebook and Google aren't commenting on the idea. (AP Photo/Marcio Jose Sanchez, File)

The venture capital arms of Alphabet Inc’s Google and Salesforce.com Inc are investing in UK payments startup GoCardless, which has raised an additional US$75mil (RM306.41mil) to fund expansion. 

The financing is being led by Adams Street Partners, GV, formerly known as Google Ventures, and Salesforce Ventures, GoCardless said in a statement. Existing investors Accel Partners, Balderton Capital, Notion Capital and Passion Capital are also participating.