NORB funding news – Amsterdam-based NORBr has Secured €3 Million in Funding

NORBr’s CEO, Nabil Naimy, highlighted the company’s mission: “With our extensive experience in building payment platforms we’ve seen firsthand the challenges of high investment, delays and the ongoing demands of platform management. NORBr was created to solve these issues, providing a robust and innovative infrastructure that supports legacy upgrades and facilitates new market entries for our clients. Our lean, capital-efficient approach has enabled us to deliver a highly impactful solution that maximises client value.”

Initial success in different markets

It explains that the global payments market, which is expected to reach €2.1 trillion by 2027, faces challenges such as high development costs and long timelines.

It plans to solve these problems with its no-code, flexible platform that allows for quick setup and affordable payment solutions. By connecting with payment service providers (PSPs) and acquirers, NORBr helps clients manage multiple payment channels online and in stores.

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What makes NORBr different is its ability to integrate quickly and adapt to different needs. With tools like Mapper™, merchants can connect to several PSPs and add new partners in days instead of months, cutting down on technical resources. This flexibility helps businesses enter new markets faster and manage complex payment systems more effectively.

Andreas Schenk, Principal at Alstin Capital, emphasised NORBr’s market potential: “We are thrilled to support such an experienced team in building the next generation of payment infrastructure. This is evident in their enterprise-level technology and impressive customer base. The no-code omnichannel solution offers two key advantages: Firstly it enables the fast and secure integration of new payment service providers worldwide, both in physical and online retail. Secondly, NORBr’s infrastructure facilitates the modernisation of legacy systems. We couldn’t be happier to have such a talented team in our portfolio.”

Planned use of funds

The €3 million funding will help it improve its product. Plans include adding advanced features for managing payments across different channels, automating operations, and improving compliance tools. The funding will also be used to hire more people to strengthen the platform and better support clients.

About NORBr

NORBr is a Payment Infrastructure as a Service (IaaS) provider that helps global payment operators. Their platform offers flexible, no-code solutions for different payment methods improving efficiency and simplifying compliance. It’s goal is to provide a future-proof infrastructure that helps payment operators stay competitive in a constantly changing market.