About Payflow
Payflow is a company based in Alcobendas (Spain) founded in 2020 by Avinash Sukhwani was acquired by Buk in March 2022. It operates as a FinTech and Subscription Services. Payflow has raised $58.23 million across 11 funding rounds from investors including Glovo, Cabify and Wallbox. Payflow offers products and services including Payflow, Flexflow, Learnflow, and Saveflow. Payflow operates in a competitive market with competitors including Wagestream, Gusto, Paylocity, DailyPay and Justworks, among others.
- Headquarter Alcobendas, Spain
- Founders Avinash Sukhwani
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TechnologyFinancial Services
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- Legal Name Payflow Digital Inc Sucursal En España
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Products & Services of Payflow
Payflow offers a comprehensive portfolio of products and services, including Payflow, Flexflow, Learnflow, and Saveflow.
Instant access to earned salary is provided anytime.
Savings on expenses through a dedicated benefits card.
Interactive financial education platform is offered for employees.
Automated virtual piggy bank supports employee savings goals.
People of Payflow
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Funding Insights of Payflow
Payflow has successfully raised a total of $58.23M across 11 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $34.85 million completed in October 2025. 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.
Investors in Payflow
Payflow has secured backing from 30 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Glovo, Cabify and Wallbox.
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Venture capital investments are made in technology startups through a global ecosystem.
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Venture capital fund investing in multiple sectors
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Investor details for Payflow
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Investments & Acquisitions by Payflow
Investment portfolio details for Payflow
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Financial Statements - Payflow
Detailed financials for Payflow
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Payflow Comparisons
Peer comparison for Payflow
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Competitors of Payflow
Payflow operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wagestream, Gusto, Paylocity, DailyPay and Justworks, among others.
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Financial benefits platform for on-demand pay is provided to employees.
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Cloud-based payroll and HR solutions are provided for businesses.
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Developer of an online platform for employee financial benefits
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Benefits administration and payroll management are provided for businesses.
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Detailed competitors of Payflow
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Latest news on Payflow
Complete news archive for Payflow
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Frequently Asked Questions about Payflow
Payflow was founded in 2020.
Payflow is headquartered in Alcobendas, Spain. It is registered at Alcobendas, Comunidad De Madrid, Spain.
Payflow is a funded company, having raised a total of $58.23M across 11 funding rounds to date.
Payflow is established as a comprehensive financial wellness platform for employees. It operates within the FinTech sector, offering solutions like instant salary access, flexible compensation, financial education, and automated savings tools. Services are provided through a mobile application and cloud-based platform, targeting employee satisfaction and financial stability across various industries. Operations are extended in multiple countries including Spain, Portugal, Colombia, Peru, Italy, and France.
Payflow's top competitors include Wagestream, Gusto and DailyPay.
Payflow offers Payflow, Flexflow, Learnflow, and Saveflow.
Payflow has 30 investors. Key investors include Glovo, Cabify, Wallbox, Mango, and Rocket Internet.