London-based direct debit provider GoCardless is having a good year. On top of transaction growth and expansion to new markets, the fintech has closed a new round of $22.5 million in new funding.

The Series D, which was made of previous investors including Balderton Capital and Accel, doubled the fintech’s total equity, bringing it up to $47.3 million.

The startup — a graduate of Y Combinator — facilitates online bank-to-bank transfers for companies, referred to in the United Kingdom as “direct debit” transactions. Its goal is to enable any business to receive and send money anywhere; the new funding round will help with that mission, GoCardless CEO Hiroki Takeuchi told TechCrunch.

The fintech now processes about $4 billion in payments for about 30,000 businesses, and is currently live in six markets across Europe. These include cash-light Sweden, Spain, the Netherlands, France, Germany, and the startup’s native United Kingdom.

Read more at Finextra and TechCrunch.