Amsterdam-based NORBr raises €3 million to advance global payment infrastructure | EU-Startups

NORBr, a Dutch Payment Infrastructure as a Service (IaaS) provider, has raised €3 million in funding led by Alstin Capital and joined by previous lead investor Portfolio to further enhance features for payment terminal management, operational efficiency (PayOps), and compliance.

NORBr’s CEO, Nabil Naimy, highlighted the company’s mission: “With our extensive experience in building payment platforms, we’ve seen firsthand the challenges of high investment, delays, and the ongoing demands of platform management. NORBr was created to solve these issues, providing a robust and innovative infrastructure that supports legacy upgrades and facilitates new market entries for our clients. Our lean, capital-efficient approach has enabled us to deliver a highly impactful solution that maximises client value.”

According to NORBr, the global payments market, projected to reach €2.1 trillion by 2027, faces significant barriers for operators due to high development costs and lengthy timelines.

NORBr aims to address these challenges with its no-code, flexible platform, enabling rapid deployment and cost-effective payment infrastructure solutions. By integrating with payment service providers (PSPs) and acquirers, NORBr allows clients to efficiently manage multiple payment channels, both online and in-store.

What NORBr says sets them apart is their unique capability for fast integration and adaptability. With tools like Mapper™, merchants can connect to multiple PSPs and onboard new partners in days rather than months, reducing the technical resources needed. This adaptability facilitates quick market access and enhances resilience in managing complex payment flows.

Andreas Schenk, Principal at Alstin Capital, emphasised NORBr’s market potential: “We are thrilled to support such an experienced team in building the next generation of payment infrastructure. This is evident in their enterprise-level technology and impressive customer base. The no-code, omnichannel solution offers two key advantages: Firstly, it enables the fast and secure integration of new payment service providers worldwide, both in physical and online retail. Secondly, NORBr’s infrastructure facilitates the modernisation of legacy systems. We couldn’t be happier to have such a talented team in our portfolio.”

The platform has seen success across various markets, serving a roster of clients including luxury brands, health-focused companies like Welltech, and financial service providers such as Equals Money and OnRamp.

The €3 million funding will help advance NORBr’s product roadmap. Planned initiatives include developing advanced omnichannel features, further automating operations, and enhancing compliance tools. The funding will also support strategic hires to expand platform capabilities and improve client support.