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 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 currently serves companies in 27 countries, including Luxair, Flink, Viking Life, MacPaw, Wagestream, and By Miles. 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 is backed by Greenoaks, QED Investors, Earlybird Digital East, Eleven Ventures, TinyVC, and others. The company raised $112M in Series B round on Nov 23, 2021. This brings Payhawk's total funding to $136.1M to date. The latest round valued the company at $570M post-money.