GoCardless provides a bank-to-bank payment solution that enables 75,000 businesses to receive payments on time without late fees or hidden charges. This service eliminates the complexities of traditional payment methods, ensuring a straightforward and reliable cash flow for businesses.
Funding
$529.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+6Founders
Product
Problem
Traditional payment methods often involve high transaction fees, manual reconciliation, and the risk of late payments, leading to cash flow inefficiencies for businesses. Managing recurring payments and invoices can be time-consuming and prone to errors, especially when dealing with international customers.
Solution
GoCardless provides a bank-to-bank payment solution that automates payment collection through Direct Debit, reducing costs and improving cash flow. The platform enables businesses to collect both one-off and recurring payments from over 30 countries, with transparent FX rates and automated reconciliation. GoCardless integrates with accounting software and offers features like intelligent retry logic to minimize payment failures. Its API and customizable payment pages allow for seamless integration into existing systems, while advanced fraud protection and payer authentication enhance security.
Target Audience
GoCardless targets small to enterprise-level businesses, including subscription-based services, invoicing companies, and organizations with international customers, seeking to streamline payment collection and reduce administrative overhead.
Features
- Direct Debit collection for recurring and one-off payments
- Instant Bank Pay for immediate payment confirmation
- International payments in 30+ countries with FX management
- Integration with 350+ accounting, CRM, and subscription billing platforms (e.g., Xero, QuickBooks, Sage)
- Success+ for automated retry of failed payments
- Protect+ for advanced fraud protection and chargeback management
- Verified Mandates for instant bank account verification
- Customizable payment pages and email notifications
- REST API for custom integrations
- Real-time reporting and event notifications via webhooks
- ISO27001 certification and GDPR compliance