Utrecht-based SurePay, a payment verification software company, secures a new strategic growth investment from Carlyle Europe Technology Partners (CETP) along with Rabo Investments.
IRIS exits from SurePay as part of the transaction, after investing in SurePay in 2021 during its first financing round.
SurePay provides payment verification technology to financial institutions in Europe and the UK, offering solutions such as IBAN-name check, Confirmation-of-Payee, Verification-of-Payee, and Fraud Risk Indicator.
SurePay plans to utilize the funding to expand its payment verification and fraud prevention solutions, broaden geographic presence, and continue serving blue-chip customers effectively.