NORBr Raises From Alstin Capital to Become the Ultimate Payment Framework for Global and Omnichannel Payment Operators

NORBr, a no-code, omnichannel-ready Payment Infrastructure as a Service (IaaS) provider, has raised €3 million in funding, led by Alstin Capital as the lead investor, with participation from previous round’s lead investor, Portfolion. This capital will support NORBr’s expansion of omnichannel solutions, including advanced features for managing payment terminals, operational efficiency (payops), and compliance, strengthening its offerings to meet the fast-evolving needs of payment operators worldwide. 

Meeting a critical market need

The global payments market is projected to reach $2.2 trillion by 2027, and NORBr is addressing the substantial development costs and long timelines that create barriers for operators aiming to modernize or launch payment solutions. With its no-code, adaptable platform, NORBr offers a faster, cost-effective path to market. The platform integrates seamlessly with payment service providers (PSPs) and acquirers, allowing clients to manage diverse payment channels with ease.

What sets NORBr apart is its unique flexibility and rapid deployment capabilities. For example, with NORBr’s Mapper™ tool, merchants can connect with multiple PSPs and integrate new partners in days instead of months. Consequently, this rapid deployment removes the need for additional technical resources, enabling quick onboarding of new payment providers across both in-store and online channels. NORBr’s adaptable routing capabilities offer faster market access and increased resilience in managing payment flows.

Initial success in different markets

NORBr currently serves a growing roster of clients, including prominent luxury brands, health-focused companies like Welltech, and financial service providers such as Equals Money and OnRamp. These clients rely on NORBr’s advanced infrastructure for seamless payment processing, data insights, omnichannel, and API-first capabilities. These features provide a future-ready infrastructure that supports growth without the burdens of legacy systems. 

Planned use of funds

This €3 million funding round will accelerate NORBr’s roadmap, including the development of advanced omnichannel features, operational automation, and compliance tools. It will also support targeted hires in key areas to expand platform capabilities and enhance client support.

Andreas Schenk, Principal at Alstin Capital

“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 modernization of legacy systems. We couldn’t be happier to have such a talented team in our portfolio.”

Nabil Naimy, CEO of NORBr

“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 maximizes client value.”