Payhawk

Payhawk is the financial system of tomorrow that combines credit cards, payments, and expenses into one experience.

Payhawk helps you manage and automate everything between your bank and accounting software in real-time.

Payhawk was founded in Bulgaria in 2018 by Hristo Borisov, Boyko Karadzhov and Konstantin Dzhengozov. The company is headquartered in London, with offices in Berlin, Barcelona and Sofia, Bulgaria.

 

Payhawk acts as a one-stop-shop, combining these key elements. As a result, Payhawk empowers finance teams to reduce manual work, keep tight control of budgets in real-time, and fully automate spend.

 

Payhawk connects directly to more than 3,000+ banks and provides you with virtual accounts and dedicated IBANs to manage your money like never before. Payhawk is also leading the digital transformation agenda of companies like A.T.U in Germany, where the product has replaced cash with company cards at more than 550 branches.

 

Payhawk serves businesses in 30 countries across a mix of fast-growing and mature multinational companies like LuxAir, Lotto24, Viking Life, Gtmhub, Flink, MacPaw and By Miles. 

 

Payhawk is backed by Greenoaks, QED Investors, Lightspeed Venture Partners, Sprints Capital, Endeavor Catalyst, HubSpot Ventures, Earlybird Digital East, Eleven Ventures, TinyVC, and others. The company raised an additional $100M in Series B on Mar 01, 2022. This is an extension of their $112M Series B raised in Nov 2021, bringing the round total to $212M. This also brings the total amount raised by the company to $236.1M to date. The latest investment valued Payhawk at a $1B post-money. 

 

 

  • Year founded: 2018
  • Funding Info: $236.1M over 5 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: Valued at $1B as of Mar 01, 2022
  • City/Town: London
  • State: London
  • Country: United Kingdom
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