About Payaut
Payaut is a Financial Services company based in Amsterdam (Netherlands) founded in 2019 by Gillis Haasnoot, and was acquired by Nuvei in November 2024. It operates as a payment processing solutions are provided for businesses worldwide. Payaut has raised $12.97 million across 3 funding rounds from investors including Nuvei, Entree Capital and Gradient Ventures. Its focus areas include FinTech, Payments, Business Payments and Diversified. Its competitors include Stripe, Flutterwave, Square, PayU and ACI Worldwide and 2 more; 6 of its 7 listed competitors have raised funding.
Company details
Payaut was founded in 2019 and is headquartered in Amsterdam, Netherlands. Payment processing services are offered to businesses in the fintech sector, encompassing multi-PSP configurations, split payments, automatic reconciliation, balance oversight, seller verification through KYC, and invoicing support. Operations are centered on streamlining financial transactions and compliance for merchants across various markets.
- Headquarters Amsterdam, Netherlands
- Founders Gillis Haasnoot
- Stage Acquired
- SectorsFinancial Services
- Phone•••• ••••
- Website payaut.com
- Social LinkedIn X
- Acquired by Nuvei (Nov 2024)
Funding Insights of Payaut
Payaut has successfully raised a total of $12.97M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $8.69 million completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $12.97M
- Total Rounds 3
- Last Round Seed — $8.69M
- First Round $1.13M
(Jul 2020)
- Investors Count 4
All 3 funding rounds of Payaut with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2022 | $8.69M | Seed | – | Gradient Ventures | |
| Dec 2020 | $3.15M | Seed | – | LocalGlobe | |
| Jul 2020 | $1.13M | Seed | – | Finch Capital, LocalGlobe | – |
5 investors in total: 5 institutional.
Investors in Payaut
Payaut has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Nuvei, Entree Capital and Gradient Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are directed toward pre-seed to Series C technology companies. | – | entreecap.com | London, United Kingdom | |
Venture capital arm of Alphabet Inc. investing in AI | – | gradient.com | Mountain View, United States | |
Venture capital firm focused on seed-stage investments | – | localglobe.vc | London, United Kingdom | |
Early-stage tech and offline focused VC firm investing in geographies such as Europe and South East Asia | – | finchcapital.com | Amsterdam, Netherlands | |
Payment processing solutions are delivered to merchants and businesses. | 2003 | nuvei.com | Montreal, Canada |
Investor details for Payaut
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- Complete investor list
- Round participation
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People of Payaut
10 people are tracked at Payaut (4 in leadership, 6 in team).
| Name | Role | Group |
|---|---|---|
Gillis Haasnoot | Founder & CTO | Leadership |
Philip Mebius | CFO | Leadership |
Ingeborg Van Harten | Chief People Officer | Leadership |
Simon Hall | CTO | Leadership |
Heber Gonçalves | Operations Lead | Team |
Dan Schwartz | Investor | Team |
Svetlana Shcherbakova | KYC Analyst | Team |
Akua Dankwa | KYC Analyst | Team |
Artem Mikhalevitch | Staff Software Engineer | Team |
Esther Van Den Ende | Interim Compliance Officer | Team |
Complete people profiles for Payaut
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Payaut
4 dated milestones of Payaut across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Payaut is founded.
- Funding First funding round of $1.1M.
- Funding Latest funding round, Seed, of $8.7M.
- Exit Acquired by Nuvei.
Competitors of Payaut
Payaut has 7 listed competitors in our database, 6 of them funded. They include Stripe, Flutterwave, Square, PayU and ACI Worldwide, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stripe.com | 2009 | San Francisco, United States | $9.81B | 5,904 | Payment processing and card issuance solutions are provided for businesses. | |
| flutterwave.com | 2016 | San Francisco, United States | $489.41M | – | Provider of payment processing solutions for businesses | |
| squareup.com | 2009 | San Francisco, United States | $519.75M | 11,372 | POS solutions are provided for retail businesses. | |
| payu.com | 2002 | Amsterdam, Netherlands | $35.15M | 1,200 | Online payment processing and credit solutions are provided for businesses. | |
| aciworldwide.com | 1975 | Omaha, United States | – | 4,732 | Digital payments are processed and managed via specialized solutions. | |
| mollie.com | 2004 | Amsterdam, Netherlands | $940M | – | Online payment solutions are provided for businesses via API. | |
| highradius.com | 2006 | Houston, United States | $484M | – | Autonomous finance and payment solutions are provided to businesses. |
Detailed competitors of Payaut
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Payaut
Websites that share an audience with Payaut (payaut.com).
Websites whose visitors overlap most with Payaut. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| nuvei.com | 100% | 373.4K | #139,079 | View details |
Top companies in Payments & Remittance Platforms
10 companies that operate in the same segment as Payaut (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | 16,622 | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, North Holland, Netherlands | USD 35.15 M | USD 5.47 B | 3,355 |
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Related news about Payaut
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Frequently Asked Questions about Payaut
Payaut was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Payaut is headquartered in Amsterdam, Netherlands.
Payaut is a funded company, having raised a total of $12.97M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.13M, raised on Jul 2020.
Payaut was founded in 2019 and is headquartered in Amsterdam, Netherlands. Payment processing services are offered to businesses in the fintech sector, encompassing multi-PSP configurations, split payments, automatic reconciliation, balance oversight, seller verification through KYC, and invoicing support. Operations are centered on streamlining financial transactions and compliance for merchants across various markets.
Payaut's top competitors include Stripe, PayU and Flutterwave.
Payaut has 5 investors. Key investors include Nuvei, Entree Capital, Gradient Ventures, LocalGlobe, and Finch Capital.
Yes. Payaut was acquired by Nuvei in November 2024.