Berlin-based fintech Payrails raises $32 million in Series A funding to enhance its modular payment operating system for global enterprises
Highlights:
- Payrails raises $32 million to accelerate product development and expand its presence across Europe and MENA.
- The company processed over 1 million daily transactions in 2024, serving major brands like Puma, Vinted, and Just Eat Takeaway.
- Funds will support new payment solutions, including tokenization, automated reconciliation, and in-person payments.
Summary: Berlin-based fintech Payrails has secured $32 million in Series A funding, reinforcing its position as a leading enterprise payment platform. The funding round was led by HV Capital’s Growth Fund, with continued backing from EQT Ventures, General Catalyst, and Andreessen Horowitz. Payrails offers a modular payment operating system, enabling businesses to orchestrate transactions, manage payouts, and optimize payment flows.
In 2024, the company processed over 1 million daily transactions, expanding into 30 new markets and attracting major enterprise clients. With this funding, Payrails aims to enhance its product suite, scale operations, and drive innovation in global payment infrastructure.
