Mastercard, Lloyds, Nationwide Building Society and Barclays helped digital payment technology developer Form3 boost its overall funding to $220m.

UK-based payment technology provider Form3 collected $160m yesterday in a series C round featuring payment services provider Mastercard and financial services firms Lloyds Banking Group, Nationwide Building Society and Barclays.

The round was led by investment banking firm Goldman Sachs’ Asset Management subsidiary through its growth equity unit. It invested together with venture capital firms 83North and Draper Esprit.

Form3 has built a cloud-native payment software platform that enables financial institutions to execute payment processing as well as clearing and…