<ul><li>Kevin., a European open banking payment infrastructure provider, has raised USD 65 million in Series A funding led by Accel, with participation from several investors, including Eurazeo, OTB Ventures, Speedinvest, OpenOcean, and Global Paytech Ventures. The funding comes a little over six months after Kevin. raised USD 10 million in seed funding and brings its total funding up to USD 78.8 million.</ul> 

• The funds will be invested in expanding the company’s operations and business reach. Kevin. plans to almost double its workforce by 2023, from 170 employees currently. 

• The platform is currently used by around 6,000 merchants in 12 European markets, which is more than double the number of merchants it supported in October 2021. 

<ul><li> Analyst QuickTake: The open banking space in Europe has been expanding in recent times, leading to an influx of funding for players in the space. British companies Weavr and Banked raised USD 40 million and USD 20 million , respectively, in February.</ul>