Volt

Volt is a London-based open-banking real-time payments specialist operated by **Volt Technologies Holdings Limited** (42 Berners Street, London W1T 3ND) and founded in 2019. The product is built around Pay-by-Bank instant payments, payouts, refunds, and account verification — connecting 2,500+ banks across 31 territories on three continents and reaching 618M bank accounts. Volt holds a UK FCA **Electronic Money Institution** licence enabling standalone virtual-account products. Notable partnerships include Worldpay (global real-time-payments deal), Shopify (Volt was Shopify's first open-banking provider), Farfetch, Primer, Kinguin, Solidgate, and AsiaBill; target industries cover retail / e-commerce, travel, wealthtech, iGaming, and crypto. For an EU-sovereignty audit Volt sits in the `eu_hq_us_funded` tier. The Series B in June 2023 raised US$60M at a US$350M+ valuation led by **IVP (Institutional Venture Partners)** — a Menlo Park, California-headquartered Silicon Valley venture firm — alongside European participation from **EQT Ventures** (Sweden), **CommerzVentures** (Germany), **Augmentum Fintech** (UK), and **Fuel Ventures** (UK). The US-VC lead at Series B is the defining ownership-tier signal under our strict-ownership stance. The privacy policy names Volt Technologies Holdings Limited as data controller but does not publish a named sub-processors list, hosting provider, or explicit US-transfer mechanism on accessible public pages — gaps for procurement-grade buyers. UK post-Brexit jurisdiction with adequacy decision keeps EU-UK transfers legally clean. Pricing is enterprise / volume-negotiated; no public per-transaction tier applies. Best fit: mid-market and enterprise retailers wanting a Pay-by-Bank rail as a Stripe / Plaid alternative, particularly for high-AOV industries (travel, iGaming, crypto). Procurement-grade EU-only buyers should prefer Trustly (SE, Swedish PI licence — though also material under strict stance) or look at open-banking-native alternatives from EU-controlled providers such as Tink (acquired by Visa, US — flagged) or build on top of Adyen / Worldline (Euronext-listed EU acquirers).