#PayTech / Mastercard makes undisclosed investment in Form3

Form3, a cloud-native payment technology provider, has secured a partnership and investment deal from Mastercard.

The additional undisclosed funding follows its $33 million raised in August this year from new investors; Lloyds Banking Group, Nationwide Building Society and venture capital firm 83North.

Founded in 2016, Form3 has built a cloud-native, application programming interface (API) led payments technology platform to enable financial institutions to securely and efficiently run and scale their critical payments infrastructure through a fully managed service.