Overview

• HV Capital led the $32 million round with participation from EQT Ventures, Andreessen Horowitz and General Catalyst, pushing Payrails’s total funding past $52 million.
• The startup processed more than one million transactions daily last year and entered 30 new markets across Europe, Africa and the Middle East.
• New funding is earmarked for broadening the Payment Operating System’s feature set to streamline complex cross-border payment flows.
• Major brands including Puma, Vinted, Flix, InDrive, Just Eat Takeaway and Careem rely on Payrails to unify diverse regional payment methods.
• A strategic partnership with Mastercard will enable co-development of enterprise payment orchestration solutions.