GoCardless, which was established in 2011, is reportedly in the advanced stages of organizing a secondary share sale, according to News.
According to banking sources, up to $200 million worth of stock could exchange hands during the round.
It is believed that Lazard is in charge of the mandate.
The company’s CEO, Hiroki Takeuchi, co-founded GoCardless, which allows users to pay online using bank account details rather than a card.
It operates in dozens of nations and maintains connections with numerous high-profile corporate clients, such as Brompton, a folding bicycle maker.
Accel, Balderton, and Notion Capital are among the company’s current investors.
In the past eight weeks, the digital banking and payments firms Monzo and Revolut have reached agreements to sell portions of their workers’ stock to either new or current investors.
