HSBC has invested in Token.io to bolster its pay-by-bank infrastructure, continuing their partnership initiated in 2019.
PRIVATEJun 06, 2025
Round Type
Funding Round
LondonOtherInformation TechnologyCommerce and ShoppingProfessional ServicesFinancial ServicesSoftwarePaymentsFintech
Investors
HSBC
Description
HSBC has become a strategic investor in Token.io to accelerate its growth in the pay-by-bank sector. This investment is seen as a move to enhance HSBC’s Open Payments solution. Token.io also received additional funding from existing investors. The collaboration aims to make pay-by-bank a mainstream payment method for customers in the region.
Company Information
Company
Token.io
Location
70 St Mary Axe, Fourth Floor
London, England, United Kingdom
About
Token.io’s leading account-to-account (A2A) payment infrastructure is reimagined to empower banks, fintechs, platforms and payment companies with turnkey Pay by Bank solutions. The frontrunner in A2A payment infrastructure for banks, Token.io’s partners include three of Europe's five largest financial institutions. Its solutions are also trusted by a blue-chip payments community, including Mastercard, ACI Worldwide and Global Payments.
Fundz sees it the moment Token.io raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.