Tech Company Financing Transactions
Payrails Funding Round
EQT Ventures and General Catalyst Partners invested in a $6.6 million capital raise for Payrails. The financing was announced on 5/24/2023.
Transaction Overview
Company Name
Announced On
5/24/2023
Transaction Type
Venture Equity
Amount
$6,600,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to accelerate growth, both organically and externally, and expand operations.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Kronenstraße 63
Berlin, 10117
Germany
Berlin, 10117
Germany
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developer of cloud-native payment operating system designed to simplify accepting payments. The company offers a ledger-based operating system that streamlines payment reconciliation, supports on-demand payouts, and delivers instant refunds, enabling enterprises to build, operate, and scale payment acceptance and embed financial services without the need for a costly and complex in-house infrastructure.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Orkhan Abdullayev
Chairman
Emre Talay
Chief Technical Officer
Nicolas Thouzeau
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About Our Venture Capital Transactions Database
We record tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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