Brite Payments is a second-generation fintech company headquartered in Stockholm, Sweden. The company focuses on providing instant payment solutions by utilising open banking technology to facilitate real-time account-to-account (A2A) transactions.
One of the key features of Brite's service is that it does not require users to sign up or provide credit card details. Instead, users can authenticate their payments using familiar identification methods provided by their banks.
Brite Payments has established connections with over 3,800 banks throughout the European Union. Currently, its services are available in 26 markets across Europe, making it a significant player in the instant payments sector.