Funding to Drive Product Development and Growth
This capital infusion is expected to expedite the development of new features, expand existing product roadmaps, and support commercial growth across EMEA regions to cater to increasing enterprise needs.
Focus on Client Needs and Regulatory Compliance
Payrails will continue to address client requirements by focusing on their preferences and demands in a dynamic market while prioritizing regulatory compliance.
Funding Sources
The funding round was spearheaded by HV Capital’s Growth Fund, with support from existing investors EQT Ventures, General Catalyst, and Andreessen Horowitz.
Modular Architecture and Payment Lifecycle Solutions
Payrails plans to leverage a modular architecture encompassing payment orchestration, payouts, tokenization, unified analytics, automated reconciliation, and recently introduced in-person payments. These solutions are driven by enhanced data capabilities.
Innovation in the Payment Landscape
The fresh capital will facilitate the development of new products across various stages of the payment lifecycle, from acceptance to payouts. Payrails aims to provide a comprehensive platform tailored for complex payment flows and improving overall performance through an integrated meta layer.
Enhancing Customer Experience
With this funding, Payrails intends to optimize customer experience, offering superior solutions and services while ensuring flexibility, visibility, and control over payment operations across multiple geographies and channels.