Edinburgh based BR-DGE has raised £10 Million. The company said the capital would help boost international growth and platform improvements and new products.
Bettor Capital, a US based investor that targets the gaming industry, was mentioned as a backer. Jake Kleiner, Partner at Bettor Capital, said they support firms that are active in the gaming industry and BR-DGE is a prime example.
BR-DGE says that it has experienced a 15X increase in in volumes in the past two years with transactions expected to top 100 million per month before the end of the year.
The company said that adding customers like he Hut Group and Betfred, betting operators, have boosted growth.
Thomas Gillan, CEO at BR-DGE, said the investment arrived at a key point in their expansion. He added that the next generation of payments is not about moving money but about optimizing each transaction.
“We are building the intelligence and optimization layer that enables merchants to maximize the performance of every payment. This new funding will enable us to further develop our platform, power our growth plan and help more merchants solve the payment infrastructure problems that matter most in large-scale businesses.”
