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kevin. revolutionises the financial sector by eliminating all unnecessary steps from the transaction process chain and re-inventing online and in-store payments to be customer-centric, direct, and therefore, 100% safe.
The company's next-gen high-tech infrastructure is based on open banking, regulated by the Second Payments Services Directive (PSD2). It enables businesses and entities of any size to accept payments directly from customers' bank accounts across Europe, bypassing costly and inefficient card networks made up of numerous intermediaries.
kevin. has already proven itself as the leader in online account-to-account (A2A) payments in the European Economic Area, where the company presently has the broadest PSD2 bank API coverage in the market. In 2022, kevin. has also stepped into point-of-sale (POS) terminal payments in physical stores by introducing the first-ever NFC A2A payments solution with a seamless user experience comparable to a card payment experience. Currently, the company is covering 5% of POS terminals in European countries and is planning to increase that to >85% by mid-2023.
There are over 250 people on the kevin. team working from 30 different countries and that number is expected to double by 2023. Today, the company provides services to more than 7,000 merchants across Europe.
Introduces the first-ever account-to-account payments solution for POS terminals.
Gets recognised as one of the top 20 B2B future unicorns in Europe by Sifted.
Raises $65 million in a Series A funding round led by Accel, with participation from Eurazeo and all existing investors.
Raises $10 million in seed funding round co-led by OTB Ventures and Speedinvest.
Receives an award from the prestigious Mastercard Lighthouse programme as the best fintech in the Baltics.
Acquires a payment institution license from the Bank of Lithuania.
Founded by Tadas Tamošiūnas (CEO) and Pavel Sokolovas (COO), with a mission to revolutionise the financial industry without looking back.