Payments tech firm Form3 has secured a strategic investment from Nationwide alongside a debt facility from funds and accounts managed by BlackRock.
The global account-to-account payments infrastructure platform will use the funds to expand in the United States and says it is now on the cusp of profitability.
The investment from Nationwide deepens a long-standing relationship with Form3, following an initial investment in the firm in 2020.聽
Nationwide has now extended its Faster Payments Service (FPS) managed service partnership by a further seven years, through to 2032, and signed on as an early adopter of Form3鈥檚 new Payments Resilience Platform (PRP).
Form3 counts several of the world鈥檚 leading financial institutions as investors and customers.
It delivered its strongest ever first half, with record results in both Q1 and Q2 2025.聽
鈥淣ationwide is a heavyweight in financial services, and clearly recognises Form3鈥檚 global path to success as the only cloud-based infrastructure platform for efficient, unified real-time payments globally,鈥� said Benyam Hagos (pictured), Form3 CFO.聽
鈥淥ur long-standing partnership has already led to Form3 deploying some of the most advanced and resilient payment solutions globally. This further investment from Nationwide, alongside the debt facility from funds and accounts managed by聽 BlackRock provides the final key for our path to profitability.鈥�
Otto Benz, Nationwide鈥檚 director of customer technology and payments, commented: 鈥淲e are thrilled to continue to partner with Form3, backing their already impressive multi-cloud SaaS capabilities.聽
鈥淟everaging Form3鈥檚 technology allows us to offer our customers an added level of reassurance that we will be there to support them and their payments when it matters.鈥�
Visa and British Patient Capital invested in Form3 last year as part of a Series C extension.