Despite significant progress in recent years, making and receiving payments remains a complex challenge for small and large businesses alike, leaving more room for solutions that optimize integrations, reduce cost per order and improve payment authorization rates. These are some of the challenges that former...
In today’s FinTech news, three Delivery Hero alums have raised $6.4 million in seed funding to grow their financial operations software startup Payrails. Meanwhile, digital bank Kyash took in $41 million in a Series D fundraise for expansion, and home improvement lender PowerPay is adding...
In today’s top Europe, Middle East and Africa news, financial regulators in the European Union have warned consumers that cryptocurrencies are highly risky, while H&M is selling external fashion brands on its Swedish and German websites to stay competitive. Plus, German startup Payrails raised $6.4...
German startup Payrails raised $6.4 million to continue developing financial operations software for payments and financial services tailored to enterprises, according to media reports on Thursday (March 17). The fresh infusion of capital was led by Andreessen Horowitz with participation by HV Capital; Delivery Hero CFO Emmanuel...
June 07, 2023
Germany’s Payrails has raised $14.4 million to help businesses streamline payment reconciliations and refunds. The Berlin-based startup, founded by a group of Delivery Hero veterans, announced the funding on its LinkedIn page Wednesday (June 7). Payrails says its operating system lets businesses “build, operate, and scale payment acceptance and embed financial services” with no in-house […]
