06 October 2023

getpaid raises $6m

Written By FinTech Alliance

getpaid raises $6m

Getpaid, a European payments startup for marketplaces and platforms, has raised $6 million in a seed funding round led by Nordic investor Inventure with participation from Picus Capital as well as high profile business angels from the payment and marketplace industry.

In brief:

-Leading the round at Inventure was Gwen Sandberg, previously global head of SMB and growth at Tink and a former colleage of getpaid founder and CEO Cyrosch Kalateh.

-Getpaid's mission is to eradicate the multiparty pain points that afflict typical B2B platforms.

-The firm takes charge of payment splits, fees, and commissions involving multiple parties and geographies, while enabling payout timings with integrated payment and finance operations.

What does this mean?

Getpaid has already onboarded multiple live customers and closed additional contract representing more than €600 million of GMV across different B2B marketplaces and platforms.

Read more here.

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