Payhawk has reported an 86% year-over-year revenue growth for Q1 2024, largely driven by its customisation strategy tailored for large enterprises.
This growth is attributed to its new product features such as an advanced workflow designer and an accounting template builder, which address the complexities faced by global finance teams. The UK market showed particularly strong performance with a 127% revenue increase. Payhawk’s approach helps businesses manage diverse spending requirements across multiple jurisdictions effectively.