Google, Salesforce invest in UK payments startup GoCardless


  • TECH
  • Monday, 18 Feb 2019

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. 

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Uber forecasts gross bookings for second quarter below expectations
EU asks X for details on reducing content moderation resources
New York governor regrets saying Black kids in the Bronx don’t know what a computer is
Biden to unveil $3.3 billion Microsoft AI investment in battleground Wisconsin
Apple’s China iPhone shipments soar 12% in March after discounts
Police in Vietnam arrest 20 for hacking Facebook accounts
Scammers use trojan horse virus to dupe 79-year-old SG man of RM605,000 of life savings
Hong Kong police foil dramatic robbery attempt caught on CCTV
UK tells tech firms to 'tame algorithms' to protect children
SoftBank in talks to buy AI chipmaker Graphcore, Bloomberg reports

Others Also Read