Spain · Financial services startup

Payflow (YC S21)

Payflow is a B2B SaaS fintech company that offers a financial wellness mobile app designed to provide employees with instant access to their earned wages.

Funding reportedLast round: Undisclosed round

Financial servicesMadrid, Spain

About Payflow (YC S21)

Payflow is a B2B SaaS fintech company that offers a financial wellness mobile app designed to provide employees with instant access to their earned wages.

Founded in March 2020 by Avinash Sukhwani and Benoit Menardo, the company aims to enhance financial wellbeing for workers, helping to reduce financial stress and improve productivity. Payflow operates primarily in Europe and Latin America, with offices in cities like Madrid, Bogotá, and Lima. The app features a trio of services: on-demand salary access, an interactive financial education platform called Learnflow, and an automated savings tool named Saveflow. Payflow is recognized as a leading Earned Wage Access platform in Spain and Latin America, serving over 1,000 client companies and more than 500,000 users. The service is offered to employers for a flat fee, making it free for employees while providing management tools for seamless integration with payroll systems.

What company datasets say Payflow (YC S21) raised

Funding, as reported

Reported in all42.3Min the source's currency
Rounds7
Last roundUndisclosed round
Last round size11M
Last round dateJul 2024
Investors listed27
Y CombinatorS21

On 6 portfolio pages

Investors who name them

Each firm lists Payflow (YC S21) on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

payroll automation softwarebilingual supportpayroll data security solutionshr digital transformationreservelatin americaemployee engagement saasdeductions managementearned wage accesspayroll systemsinstant salary accessworkforce wellbeingdata protection compliancereal-time transactionsemployer saasemployee benefit

Built with from their website

GitHub ActionsDockerGoogle Tag ManagerAmazon CloudFrontSalesforce CRM AnalyticsAWS Trusted AdvisorPWACorreosFilloutGoogle Workspace

+8 more

CloudFlareViewport MetaLinkedIn AdsGoogle PlayAmazon Simple Queue ServicePostgreSQLAmazon S3Webflow Hosting

Sector
Financial services
Industry code
NAICS 522320, 513210, SIC 7375
Region
Community of Madrid
Part of
Bemmbo
Revenue
2.5M a year, as listed
Full record
Every detail in the company directory

Financial services in Spain

Startups like it

Is this your company?

Add your raise, your deck and your story, and put Payflow (YC S21) in front of investors. Or tell us what we have wrong.