Source: BR-DGE
BR-DGE, the high-growth payments technology company, has secured a £10m funding round, along with a new growth investor, as it executes its international growth strategy.
The company has seen a 15x increase in platform volumes in under two years, with transactions set to exceed 100 million per month by year-end. Having established a leadership position in gaming payments, BR-DGE is now expanding into adjacent enterprise sectors, with recent customer wins including major ecommerce business The Hut Group and Betfred, one of the UK and Ireland’s fastest-scaling betting operators.
This latest funding round has seen Bettor Capital, a specialist US-based investor in the gaming industry, join as a new growth partner, alongside continued backing from existing investors. The new investment will be used to further enhance BR-DGE’s platform capabilities, strengthen go-to-market activity and drive geographic growth, with significant new market and product launches planned for the second half of this year.
Commenting on the funding, Thomas Gillan, chief executive officer at BR-DGE, said: “This investment gives us additional backing at a pivotal stage of international expansion. Payments have become a much bigger strategic priority for enterprise merchants, particularly in complex, regulated sectors where resilience, competitive advantage, customer experience and compliance are critical to success.
“The next generation of payment infrastructure is not about moving money; it’s about optimising every transaction. We are building the intelligence and optimisation layer that enables merchants to maximise the performance of every payment. This new funding will enable us to further develop our platform, power our growth plan and help more merchants solve the payment infrastructure problems that matter most in large-scale businesses.”
BR-DGE has also appointed Perry Blacher as chairman, bringing more than 25 years’ experience across technology and financial services, including as a founder, investor, advisor and board member. A graduate of both the University of Cambridge and Harvard University, Blacher adds senior fintech, investment and board-level expertise to BR-DGE’s leadership team.
Perry Blacher, chairman at BR-DGE, said: “BR-DGE is operating in one of the most important areas of enterprise payments. Merchants need infrastructure that helps them make better decisions, use data more effectively and respond quickly as markets, providers and customer expectations change. BR-DGE has the technology, sector knowledge and customer focus to solve those problems at scale, and is well positioned to help define the next generation of enterprise payments.”
Jake Kleiner, partner at Bettor Capital, said: “We invest in core infrastructure that powers the gaming industry, and BR-DGE is a clear example of that strategy. BR-DGE gives operators a smarter way to manage payments performance, resilience and data-driven decisions across a highly complex provider and regulatory landscape. Its growing positioning in gaming, combined with significant opportunity in adjacent verticals, made this a highly attractive investment opportunity, and we’re excited to partner with the BR-DGE team to power their next stage of growth and global expansion.”
Pauline Bradley, chief executive officer at Greyfriars (BR-DGE’s long-term investment advisors), added: “We have supported BR-DGE throughout its journey to becoming a category-leading payments technology company, and we are committed to continuing that support. The company has strengthened its platform, bolstered its management team and broadened its customer base and market position. This new funding gives it the platform to build on that momentum and accelerate its ambition to become a global leader in payment intelligence and optimisation.”