Global payment solution provider eWise announced it secured $14 million in financing led by VC firm Wellington Partners and including Balderton Capital, TTV Capital and Patagorang.

The company said it will use the new funding to fuel expansion of online banking electronic payments (OBeP) networks, a type of payment that allows consumers to transfer funds directly from their bank accounts without revealing account data to any third party. EWise said it would also focus on growing its Secure Vault Payments network, an OBeP it launched with NACHA – The Electronic Payment Association in 2010.

Additionally, eWise said it will be introducing a new mobile solution later this year.

"EWise has a simple yet disruptive proposition — pay online or on mobile through your bank account — which is faster and safer for consumers, more profitable for banks and merchants, and underpinned by great technology," said Dharmash Mistry, partner at Balderton Capital

"EWise is really taking off as we continue to aggressively grow the network while investing in delivery of an outstanding user experience — focused on speed, simplicity and security," said eWise CEO Alex Grinberg.