FinTechFunding

Payaut: Raises Over $3M in Seed Funding

  • Payaut, an Amsterdam, The Netherlands – based fintech startup, raised over $3m (€2,65m) in seed funding round
  • The round was led by LocalGlobe with participation from previous investor Finch Capital and Entrée Capital
  • The company will also use the funds to scale its payment service for online marketplaces and to roll out in the rest of Europe
  • Payaut provides a complete payment solution for online marketplaces taking care of everything regarding payments towards the platform and the vendors it hosts
  • The service functions as an intermediary between sellers and the different Payment Service Providers (PSPs)
  • The company has also raised a total of $4.35m (€3.65m) in funding with international investors and angels from the payment industry
Previous article
Novatti: Partners with Ripple to fast-track growth in Southeast Asia
Next article
Luko: Raises €50M in Series B Funding
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

FinTech

Central Bank of the UAE Launches E-KYC Platform to Streamline Identity Verification

New platform aims to enhance customer onboarding and reduce fraud risks.Highlights: The Central Bank of the UAE has...
FinTech

Danske Bank Restricts Customer Data Access Following Address Leak

Danske Bank acts after sensitive customer details exposed to payment recipients.Highlights: Danske Bank reveals a data leak of...
FinTech

Fintech Veteran Launches Primitive AI Agent Operating System

A groundbreaking platform for AI-driven financial services is unveiled.Highlights: Primitive AI, led by a fintech veteran, introduces a...
FinTech

Visa Launches Validator Node on Tempo Blockchain, Strengthening Payments Infrastructure

New validator node aims to boost transaction efficiency for Visa services.Highlights: Visa launches a new validator node on...