23 November 2021

Payhawk raises £83mn for international expansion 

Written By FinTech Alliance

Payhawk raises £83mn for international expansion 

Payhawk, a Lonon based FinTech, has raised £83mn in its Series B funding round. 

In Brief:

Payhawk builds back-office software that enables businesses to manage cashflow. 

It was founded in Bulgaria but is now based in the UK. 

The round included Greenoaks and existing investors. 

What does this mean?

Payhawk has seen significant growth over the past couple of years as cash flow becomes an increasing issue for businesses. It says transactions on its platform are growing at a 45% rate each month and the new funding will enable it to further develop its enterprise software. 

Read more here. 

Up Next ...
23 February 2024

Zilch launches 'Pay over 3 months' BNPL product

The new product has already been made available to around ...

23 February 2024

TD Bank introduces Tap

Tap is used to Pay small businesses on iPhone.In brief:- ...

23 February 2024

Napier AI raises £45mn in Funding

The company intends to use the funds to accelerate its ...

22 February 2024

Former Virgin Money CEO appointed to chair Ozone API’s Board

Dame Jayne-Anne Gadhia selected as new Chair of the Board ...

More in Business

Posted By The Community

How to build a high-performance product team: Recruit. Invest. Grow.

10 May 2023

Best practices that can help you identify and onboard the right candidates and lead the newly formed product team towards a common goal.

Written By: QUALITANCE

Posted By The Community

Total Experience (TX). Just a mindset or a future business model?

10 May 2023

More than a strategy, a mindset or a business approach, Total Experience is basically translated through pure common sense.

Written By: QUALITANCE

Posted By The Community

Choise.com joins FinTech Alliance community to further industry growth

30 November 2022

The crypto firm Choise.com is excited to announce it is now a member of FinTech Alliance, a government-backed digital ecosystem for the UK FinTech community....

Written By: Vault

NatWest Business launches campaign for TikTok entrepreneurs

30 June 2022

NatWest has launched a TikTok campaign to reach out to ...

Articles Business

UK Family Business Outlook - Explore the findings from our interviews with family business leaders

15 April 2021

PwC has talked to dozens of family business leaders across the UK. Many had reached a point of infle...

Articles Business

Brexit: Fresh Perspectives

24 March 2021

The UK has left the EU but there remains a vast array of operational and legal issues for businesses...

Thought Leadership Business

Implications of the EU-UK Trade and Cooperation Agreement for Financial Services

12 January 2021

With the EU-UK Trade and Cooperation Agreement of 24 December 2020 ("Agreement"), the UK a...

Articles Business

Taking the fear out of transactional options

09 November 2020

One of the more confident predictions we can make of the coming months is that there will be a rise...

There are no Events in this category