About Payworks
Payworks is a company based in Munchen (Germany) founded in 2012 was acquired by Visa in July 2019. Payworks has raised $19 million across 4 funding rounds from investors including Visa, Speedinvest and CommerzVentures. The company has 60 employees as of September 30, 2019. Payworks offers products and services including Payment Gateway Software and Omnichannel Payment Platform. Payworks operates in a competitive market with competitors including Stripe, Flutterwave, Square, PayU and Mollie, among others.
- Headquarter Munchen, Germany
- Employees 60 as on 30 Sep, 2019
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Financial Services
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- Legal Name Payworks Gmbh
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Products & Services of Payworks
Payworks offers a comprehensive portfolio of products and services, including Payment Gateway Software and Omnichannel Payment Platform.
Cloud-based solution for handling in-store transactions securely.
Platform integrating in-store and online payments for merchants.
Funding Insights of Payworks
Payworks has successfully raised a total of $19M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $14.5 million completed in February 2018. 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 Payworks
Payworks has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Visa, Speedinvest and CommerzVentures.
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Early-stage venture capital and startup acceleration are provided.
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Venture capital funding is provided to FinTech startups by CommerzVentures.
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A venture studio focused on FinTech innovation and development.
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Investor details for Payworks
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Investments & Acquisitions by Payworks
Investment portfolio details for Payworks
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Financial Statements - Payworks
Detailed financials for Payworks
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Payworks Comparisons
Peer comparison for Payworks
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Competitors of Payworks
Payworks 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 Stripe, Flutterwave, Square, PayU and Mollie, among others.
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Payment processing and card issuance solutions are provided for businesses.
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Provider of payment processing solutions for businesses
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POS solutions are provided for retail businesses.
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Online payment processing and credit solutions are provided for businesses.
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Online payment solutions are provided for businesses via API.
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Autonomous finance and payment solutions are provided to businesses.
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Detailed competitors of Payworks
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Latest news on Payworks
Complete news archive for Payworks
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Frequently Asked Questions about Payworks
Payworks was founded in 2012.
Payworks is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Payworks is a funded company, having raised a total of $19M across 4 funding rounds to date.
As of Sep 30, 2019, the latest employee count at Payworks is 60.
Payworks was founded in 2012 and is headquartered in Munich, Germany. Operations focus on the fintech sector, where white label payment gateway and mobile point-of-sale (mPoS) solutions are provided to payment service providers and merchants. The Pulse gateway is integrated with point-of-sale readers, and readymade mPoS options are available. Over-the-top white label mPoS solutions and customer engagement services are also included in the offerings.
Payworks's top competitors include Stripe, PayU and Flutterwave.
Payworks offers Payment Gateway Software and Omnichannel Payment Platform.
Payworks has 7 investors. Key investors include Visa, Speedinvest, CommerzVentures, Finparx, and HW Capital.