Paywerk

Tallinn, Estonia Founded: 2021 • Age: 5 yrs Acquired By Swedbank
Card-based buy now, pay later services are provided for payments.
Annual revenue $227,262 Latest available
Total funding - Funding intelligence
Employees 1 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Paywerk

Paywerk is a company based in Tallinn (Estonia) founded in 2021 by Rain Pikand, Erkki Saarniit, Priit Poldoja, and Jan Andresoo was acquired by Swedbank in July 2024. The company has 1 employees as of September 30, 2024. Paywerk operates in a competitive market with competitors including Tabby, Affirm, Afterpay, Zip and Klarna, among others.

  • Headquarter Tallinn, Estonia
  • Employees 1 as on 30 Sep, 2024
  • Founders Rain Pikand, Erkki Saarniit, Priit Poldoja, Jan Andresoo
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Paywerk As
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $227.26 K (USD)
    0
    as on Dec 31, 2021
  • Net Profit
    -$823.98 K (USD)
    33
    as on Dec 31, 2023
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    1

    as on Sep 30, 2024

  • Acquired by
    Swedbank

    (Jul 23, 2024)

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Funding Insights of Paywerk

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Detailed funding history for Paywerk

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Investors in Paywerk

Paywerk has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Swedbank.

All
Institutional
Investor Description Founded Year Domain Location
Commercial banking services are offered to individuals and corporates.
Locked Locked Locked
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Investor details for Paywerk

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Investments & Acquisitions by Paywerk

Investments
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Investment portfolio details for Paywerk

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Financial Statements - Paywerk

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Detailed financials for Paywerk

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Paywerk Comparisons

Paywerk Primary company
Description
Card-based buy now, pay later services are provided for paym...
Location
Tallinn, Estonia
Founded Year
2021
Annual Revenue
$227.26 K (USD)
Net Profit
-$823.98 K (USD)
EBITDA
Not available
Employees
1
As of 2024
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Peer comparison for Paywerk

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Competitors of Paywerk

Paywerk 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 Tabby, Affirm, Afterpay, Zip and Klarna, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Purchase financing solutions are offered to businesses via installment payments.
Locked Locked Locked
Point-of-sale financing is facilitated via an online installment payment platform.
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A buy now pay later service is offered by Afterpay.
Locked Locked Locked
Payment solutions are provided for deferred purchasing by Zip.
Locked Locked Locked
Point-of-sale financing is facilitated through an online platform for purchases.
Locked Locked Locked
Point-of-sale financing is provided for various consumer products via installments.
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Detailed competitors of Paywerk

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Latest news on Paywerk

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Complete news archive for Paywerk

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Frequently Asked Questions about Paywerk

Paywerk was founded in 2021.

Paywerk is headquartered in Tallinn, Estonia.

Jan Andresoo is the current CEO of Paywerk. They have also founded this company.

As of Sep 30, 2024, the latest employee count at Paywerk is 1.

Annual revenue of Paywerk is $227.26K as on Dec 31, 2021.

Paywerk was established in 2021 in Tallinn, Estonia, within the fintech sector. Card-based buy now, pay later payment services are offered to support merchant transactions. Flexible payment options are extended to consumers, with integration into existing systems for seamless processing. Secure solutions are delivered for both businesses and customers. Licensing for payment services has been obtained from the relevant authority.

Paywerk's top competitors include Tabby, Sunbit and Klarna.

Paywerk has 1 investor. Key investors include Swedbank.

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