Form3 Secures Strategic Investment from Nationwide

23 September 2025 London – Form3, the cloud-native global account-to-account payments infrastructure platform, today announces it has secured a strategic investment from Nationwide, the world’s largest building society, and a debt facility from funds and accounts managed by BlackRock to accelerate further product development and growth in the US market.

These investments will fund the company through to profitability by enabling Form3 to invest in hosting options and continued platform development. Form3 will provide new features to Nationwide and for the benefit of all Form3 customers.

This reinforces Form3's position as the leading cloud-native payments platform. Building on this momentum, Form3 will accelerate the development of a fully integrated platform that empowers global vendors to transform their payments infrastructure. Form3 continues its successful expansion into the US market, having created a fully localised, best-in-class platform for Real-Time Payments for US players.

This investment from Nationwide deepens a longstanding relationship with Form3, following an initial investment in the firm in 2020. Nationwide has now extended its Faster Payments Service (FPS) managed service partnership by a further seven years, through to 2032, and signed on as an early adopter of Form3’s new Payments Resilience Platform (PRP) Software-as-a-Service solution, underscoring its trust in Form3’s offering. Form3 will provide new features to Nationwide and for the benefit of all Form3 customers.

Backed by a community of the world’s leading financial institutions as investors and customers, Form3 continues to build momentum, delivering its strongest ever first half, with record results in both Q1 and Q2 2025. The company is set to outperform last year’s performance significantly and continues to sharpen its strategic focus on the US market, which is set to add incremental growth from new customer wins over the coming 6 months.

Otto Benz, Nationwide’s Director of Customer Technology and Payments, comments: “We are thrilled to continue to partner with Form3, backing their already impressive multi-cloud SaaS capabilities. Leveraging Form3’s technology allows us to offer our customers an added level of reassurance that we will be there to support them and their payments when it matters.”

Today’s funding announcement follows prior investments in 2024 from both Visa and British Patient Capital, and serves as an endorsement of Form3’s ability to deploy its next-generation payments infrastructure on behalf of major financial services players in the UK, Europe, and increasingly now the US. 

About Form3

Form3 is a world-class cloud platform for account-to-account payments. Founded in 2016, Form3 set out to revolutionise the world of payment processing and disrupt the traditional payment infrastructure model, with an always on, cloud-native, Payments-as-a-Service platform.

Today, Form3 is trusted by some of the UK and Europe’s biggest Tier1 banks and fastest-growing fintechs to handle their critical payments architecture. Form3 recently won the Best Technology Integration Award, in partnership with Nationwide, at the Card and Payments Awards 2025.

The company has also been awarded Best Payments-as-a-Service Solution for Banks & FIs at the Fintech Futures Paytech Awards 2025, PayTech Company of the Year at the Fintech Awards London 2025, and the 2025 Celent Model Bank Award, in partnership with Nationwide & Accenture.

About Nationwide

Nationwide is the world's largest building society, with over 17 million customers, 16 million of whom have a current account, mortgage or savings product, and are therefore members of the Society. Nationwide is owned by its members and focuses on providing banking products and services to its customers. Nationwide has over 18,000 employees, including those based in its headquarters in Swindon, and those working in its network of over 600 branches across the UK.

Nationwide is the UK's third largest mortgage provider and holds almost £1 in every £10 saved in the UK, as well as one in ten of the UK's current accounts. It also supports landlords and those who rely on the private rented sector for their long-term housing needs through its buy to let business, The Mortgage Works. In addition, Nationwide offers a comprehensive range of wider retail financial services and products, including credit cards, personal loans and insurance. These offerings diversify its income, and help it give value back to its customers, through better product pricing than the market average and better service than its peers.

Nationwide's purpose is "Banking - but fairer, more rewarding, and for the good of society". The Nationwide Board believes that its mutual ownership model enables it to balance its need to retain sufficient profit to remain financially strong, with its commitment to share its success with its customers and members.