Bridge, a Scottish ‘payment orchestration’ platform, has raised £2.5 million from Gloag Investment Group to scale in the UK’s ecommerce and electronic payments space.
The Edinburgh-based startup provides an integration to ecommerce enterprises, which can add or remove payment options (or other third-pary fintech services) without any additional technical work.
“With a single integration, Bridge puts control back in the hands of the merchant so that they can offer the speed, convenience, personalisation and trust that customers want from online retail,” says CEO Brian Coburn. He founded the company in 2018 after leading the digital transformation of Stagecoach Group as CIO, noting the challenges organisations face as they shift to high volumes of digital payments.
Dame Ann Gloag, founder of Gloag Investment Group, commented: “Brian and the team have already established the potential for revolutionising the payments space and have attracted a keen interest from blue chip clients. We look forward to continuing to invest in the growth journey.”