Fast-growing Edinburgh fintech secures £10m at ‘pivotal stage’ of expansion
“The next generation of payment infrastructure is not about moving money; it’s about optimising every transaction” – Thomas Gillan, CEO
A fast-growing Edinburgh fintech has raised £10 million and gained a new investor as it pushes ahead with its international expansion plans.
Payments technology specialist BR-DGE has seen a 15-fold increase in platform volumes in under two years, with transactions set to exceed 100 million per month by year-end.
Having established a leadership position in gaming payments, the capital tech venture is now expanding into adjacent enterprise sectors, with recent customer wins including major e-commerce business The Hut Group and Betfred.
The financial technology firm’s latest funding round has seen Bettor Capital, a specialist US-based investor in the gaming industry, join as a new growth partner, alongside continued backing from existing investors.
Thomas Gillan, chief executive at BR-DGE, which was founded in Edinburgh in 2018, said: “This investment gives us additional backing at a pivotal stage of international expansion. Payments have become a much bigger strategic priority for enterprise merchants, particularly in complex, regulated sectors where resilience, competitive advantage, customer experience and compliance are critical to success.
“The next generation of payment infrastructure is not about moving money; it’s about optimising every transaction.
“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.”
The firm has also appointed Perry Blacher as chairman, bringing more than 25 years’ experience across technology and financial services, including as a founder, investor, advisor and board member.
Blacher, a graduate of both the University of Cambridge and Harvard University, said: “Merchants need infrastructure that helps them make better decisions, use data more effectively and respond quickly as markets, providers and customer expectations change. BR-DGE has the technology, sector knowledge and customer focus to solve those problems at scale, and is well positioned to help define the next generation of enterprise payments.”
Jake Kleiner, partner at Bettor Capital, said: “BR-DGE gives operators a smarter way to manage payments performance, resilience and data-driven decisions across a highly complex provider and regulatory landscape. Its growing positioning in gaming, combined with significant opportunity in adjacent verticals, made this a highly attractive investment opportunity.”
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