We are excited to announce our investment in NoFrixion, an embedded payments platform driving the digital payments revolution. Led by Feargal Brady and Aaron Clauson (prior founders of Blueface, which was acquired by Comcast), Ireland-based NoFrixion aims to modularise payments and banking functions for businesses. The company’s API-first solution abstracts away the technical and regulatory infrastructure to provide a seamless payments process for business customers.
B2B payments infrastructure significantly lags behind the consumer payments infrastructure. Integrating business payments functionality is complex, bureaucratic and inefficient. This is a huge opportunity in a massive market.
You can read more about NoFrixion here.