# Payrails: Financial services, Berlin, Germany

> Payrails: Payrails is a Berlin-based fintech company that provides a modular payment and financial infrastructure platform designed for global, high-growth...

Source: https://millionrounds.com/startup/payrails (Millionrounds; every figure on the page links to its filing or article)

Germany · [Financial services startup](https://millionrounds.com/companies)

# Payrails

Payrails is a Berlin-based fintech company that provides a modular payment and financial infrastructure platform designed for global, high-growth enterprises.

Funding reported Last round: Seed

Financial services Berlin, Germany

Company summary

- **Founded:** 2021 5 years old
- **Team:** 120 51 to 200 people
- **Funding reported:** 32M as listed, currency not stated
- **Last round:** Seed Jun 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Payrails has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Payrails

Payrails is a Berlin-based fintech company that provides a modular payment and financial infrastructure platform designed for global, high-growth enterprises.

Founded in 2021 by former Delivery Hero payments engineers, the company focuses on unifying fragmented payment workflows. Payrails has raised over $52.8 million in funding and serves clients across 30 markets, primarily in Europe and the MENA region. The platform offers a comprehensive, cloud-native payment operating system with a single API. Key features include payment orchestration, integrations with various payment service providers, automated reconciliation, and support for both digital and in-person payments. Payrails aims to help enterprises streamline their payment operations, reduce failures, and automate financial workflows without the need for costly in-house infrastructure. Its target customers are large enterprises with significant payment volumes, including well-known brands like Puma, Vinted, and Just Eat.

## What company datasets say Payrails raised

Funding, as reported

Reported in all **32M** in the source's currency

Rounds **2**

Last round **Seed**

Last round size **32M**

Last round date **Jun 2023**

Investors listed **7**

## On a portfolio page

Investors who name them

- [DeBa Ventures](https://millionrounds.com/fund/deba-ventures)

Each firm lists Payrails 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

information technology & services financial services fintech saas technology computer software b2b information & internet finance technology

Built with from their website

Google Tag Manager Amazon CloudFront Atlassian React Native Linkedin Insight Tag Google Workspace Bing Webmaster Tools Neogov HRMS Taboola CloudFlare

+8 more

Viewport Meta Afterpay webpack Webflow Hosting OpenAI Apple Business Manager AI Google Meet

- **Sector:** Financial services
- **Industry code:** NAICS 51321, SIC 7372
- **Region:** Berlin
- **Revenue:** 14.3M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/payrails)

## Financial services in Germany

Startups like it

- [**Raisin** Berlin · founded 2012 *Raised*](https://millionrounds.com/company/raisin)
- [**Kreditech** Hamburg · founded 2012 *Raised*](https://millionrounds.com/company/kreditech)
- [**Billie** Berlin · founded 2016 *Raised*](https://millionrounds.com/company/billie)
- [**Exporo** Hamburg · founded 2014 *Raised*](https://millionrounds.com/company/exporo)
- [**Taxfix** Berlin · founded 2016 *Raised*](https://millionrounds.com/company/taxfix)
- [**CrossLend** Berlin · founded 2014 *Raised*](https://millionrounds.com/company/crosslend)
- [**Finiata** Berlin · founded 2016 *Raised*](https://millionrounds.com/company/finiata)
- [**Bitwala** Berlin · founded 2014 *Raised*](https://millionrounds.com/company/bitwala)

## Is this your company?

Add your raise, your deck and your story, and put Payrails in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)