Kevin. Raised $65M in Series A Funding

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kevin.a Vilnius, Lithuania-based fintech startup that provides advanced A2A (account-to-account) payments infrastructure to replace card transactions, secured $65m in Series A funding.

The round was led by Accel, with participation from Eurazeo and all existing investors, including OTB Ventures, Speedinvest, OpenOcean and Global Paytech Ventures. Other investors in the round include Harry Stebbings, founder of 20VC, Ilkka Paananen, CEO and co-founder of Supercell, Amitabh Jhawar, ex-CEO of Venmo, and other angels.

The company intends to use the funds to expand its operations and business reach.

Led by Tadas Tamosiunas, CEO, and Pavel Sokolovas, COO, kevin. offers payment solutions that eliminate intermediaries in the payment process by taking advantage of the opportunity offered by open banking. Recently, the startup also ventured into POS terminal payments in physical stores by introducing an NFC A2A payment solution with a seamless user experience.

The Series A funding comes just six months after the company secured its $10 million funding round and brings Kevin’s total funding to $77 million. Since the round, the team has grown to more than 170 employees working in 30 countries and the number of employees is expected to almost double by 2023.

EndSME

05/03/2022

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