Payment startup GoCardless raises USD1.5m

Tue Feb 7 2012, 16:43 PM

UK-based startup GoCardless has raised USD1.5m to launch its direct debit service, which hopes to streamline payments to small businesses. The company graduated from Y Combinator in 2011, with the incubator joining Accel Partners, Passion Capital, SV Angel and Start Fund in leading the round.

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