The Series A funding comes just six months after the company secured its USD 10 million seed round and brings Kevin’s total funding to USD 77 million.
Since the seed round, the team has now grown to more than 170 employees working from 30 countries and is set to almost double by 2023.
Founded in 2018 and headquartered in Vilnius, Kevin has successfully taken advantage of the new opportunities that open banking has brought.
The company has already proven itself as the leader in web and in-app A2A payments in the European Economic Area, where it currently has the broadest PSD2 bank API coverage.
Kevin’s A2A in-store payments solution lies in the fact that it does not require any changes on the merchant’s technical side: it uses existing POS terminal infrastructure and widely used and most intuitive NFC payment technology.