Berlin, June 2025 — Payrails, a global payments software company founded by former fintech leaders at Delivery Hero, has secured $32 million in Series A funding, led by HV Capital’s Growth Fund, with participation from EQT Ventures, General Catalyst, and Andreessen Horowitz. This round brings the company’s total funding to $52.8 million.
The new capital will be used to accelerate product innovation, expand the roadmap, and support growing institutional demand across the EMEA region.
Payrails previously raised $6.4 million in March 2022 and $14.4 million in June 2023. Just two years later, the company has completed one of Europe’s largest Series A rounds in fintech this year, a strong testament to its rapid growth and strategic importance in the payments infrastructure space.
In 2024 alone, Payrails processed over 1 million transactions daily, expanded into 30 new markets across Europe and MENA, and onboarded corporate clients across sectors including mobility, travel, marketplaces, platforms, e-commerce, financial services, and subscription models.
The company’s modular platform helps enterprise clients improve performance, reduce operational complexity and cost, and accelerate innovation in their payments infrastructure. It integrates seamlessly into existing systems and offers tailored solutions for global brands such as Puma, Vinted, Flix, InDrive, Just Eat Takeaway, and Careem.
“With strong institutional backing and increasing demand from large enterprises, Payrails is solidifying its position as a category-defining platform for modern payments infrastructure,” said a company spokesperson.
As it scales its presence in the EMEA region, Payrails aims to continue delivering end-to-end solutions that give businesses complete control over their payments stack, enabling faster, more efficient, and cost-effective payment operations.