United Kingdom · Financial services startup

Payhawk

Payhawk is a global financial technology company that specializes in AI-native spend management solutions for businesses.

Funding reportedLast round: Series B

Financial servicesLondon, United Kingdom

About Payhawk

Payhawk is a global financial technology company that specializes in AI-native spend management solutions for businesses.

Founded in 2018 in Sofia, Bulgaria, and now headquartered in London, the company has quickly established itself as a leader in the corporate finance sector. Payhawk became Bulgaria's first unicorn in 2021, achieving a valuation of $1 billion after raising significant funding from notable investors. The company offers an all-in-one, cloud-based spend management platform designed to automate financial processes. Key features include a global money account for real-time visibility over spending, smart corporate cards with customizable limits, and automated expense management that utilizes AI for data extraction and categorization. Payhawk also integrates seamlessly with accounts payable workflows and provides mobile and web applications for easy access. Targeting mid-market and enterprise clients across 32+ countries, Payhawk helps businesses streamline their financial operations while maintaining strict control over spending.

What company datasets say Payhawk raised

Funding, as reported

Reported in all239.1Min the source's currency
Rounds6
Last roundSeries B
Last round size115M
Last round dateMar 2022
Investors listed19

Funding filed with regulators

Payhawk filed one raise, $98M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Mar 2022$98MUK share allotment

Founders and team

From Payhawk's own website: 3 founders.

Hristo BorisovCo-founder & CEO
Boyko KaradzhovCo-founder & CTO
Konstantin DzhengozovCo-founder & CFO

On 2 portfolio pages

Investors who name them

Each firm lists Payhawk 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

expense categorizationenterprise-grade securitycross-border payment automationmulti-country expense trackingcloud-based platformbilling solutionserp integrationsspend controldynamic spend limitsenterprise financecomputer & network securitysecure card issuancetransaction monitoringpayment automationenterprisesexpense reporting

Built with from their website

WistiaAmazon SESGoogle Tag ManagerTableauEnvoyDell EMC PowerStoreSalesforce CRM AnalyticsHREF LangAtlassianReact Native

+8 more

PWACorreosTailwind CSSGoogle CloudGoogle AdsFont AwesomeSiemens PROFIBUSYouTube

Sector
Financial services
Industry code
NAICS 54161, 522320, 541512, SIC 7375
Revenue
41M a year, as listed
Full record
Every detail in the company directory

Financial services in United Kingdom

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