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Payaut provides an automated payment solution for online marketplaces and platforms. It manages the full payment lifecycle, covering seller onboarding, verification, split payments, and compliant vendor payouts. The platform ensures PSD2 compliance and integrates with various payment service providers, delivering a comprehensive embedded finance solution for complex transaction flows.
Launched in 2019, Payaut originated from the need for specialized payment infrastructure in the online marketplace sector. The company identified platforms' challenges managing diverse vendors, notably demands for onboarding, transaction splitting, and compliant payouts. This insight drove a solution to simplify intricate operations, enabling platforms to focus on core business.
The solution serves online marketplaces and platform businesses requiring sophisticated, embedded payment capabilities for their vendor ecosystems. Payaut's vision empowers these platforms with flexible, secure, and scalable payment infrastructure. It aims to unlock marketplace success by simplifying payment operations, ensuring seamless financial transactions between platforms and seller networks.
Payaut has raised $14.1M across 4 funding rounds.
Payaut has raised $14.1M in total across 4 funding rounds.
Payaut is a fintech company providing a flexible payment solution for online marketplaces, enabling connections to any payment service provider (PSP) while handling seller onboarding, KYC verification, split payments, and payouts.[1][2][3] It serves marketplaces and merchants like Orderli, Resee, and SharePeople, solving compliance challenges under PSD2 regulations by keeping platforms out of the money flow, reducing downtimes, boosting authorization rates, and offering unlimited payment methods across 10 currencies.[1][2][3] Backed by C-suite executives from Adyen and Mollie, plus VCs like LocalGlobe, Entrée, and Finch Capital, Payaut raised €2.6 million in 2020 and €8 million in 2022 before Nuvei acquired it in September 2024, signaling strong growth momentum in Europe's payments infrastructure.[1][4][5]
Payaut was founded in 2019 in Amsterdam, Netherlands, by CEO Ernst van Niekerk, who previously built a similar product at Adyen and identified a gap for a PSP-agnostic solution.[2][3][4] With a co-founder and a team of engineers experienced in payments, the company quickly secured funding from top European VCs and obtained a Payment Institution (PI) license, enabling operations across Europe.[1][2][3] Early traction came from automating seller onboarding and payouts for Dutch platforms, with plans to expand to 10 more platforms by end-2020 and larger international ones by 2021; this momentum culminated in significant funding rounds and the 2024 acquisition by Nuvei.[1][2][5]
Payaut rides the explosion of online marketplaces demanding scalable, compliant payment orchestration amid PSD2 rules and cross-border e-commerce growth in Europe.[2][3] Its timing aligns with platforms needing PSP flexibility to handle diverse payment methods and reduce friction, fueled by market forces like rising seller volumes and regulatory pressures that favor out-of-flow solutions.[1][2] By enabling higher growth for marketplaces (e.g., via automation and global reach), Payaut influences the ecosystem, powering vendors worldwide and accelerating fintech consolidation, as evidenced by its Nuvei acquisition amid payments M&A trends.[1][5]
Post-2024 acquisition, Payaut will likely integrate deeper into Nuvei's global platform, enhancing marketplace tools with expanded reach beyond Europe.[1] Trends like AI-driven fraud prevention, real-time payments, and Web3 marketplaces will shape its path, potentially evolving it into a dominant orchestration layer. As marketplaces proliferate, Payaut's PSP-agnostic model—unlocking success by simplifying payments—positions Nuvei to capture more share in this high-growth niche.[1][2]
Payaut has raised $14.1M across 4 funding rounds. Most recently, it raised $9.0M Seed in April 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2022 | $9M Seed | Anna Patterson | Alumni Ventures, Balderton Capital, BITKRAFT Ventures, Cantos Ventures, DCM, ALI Tamaseb, DST Global, General Catalyst, Innovation Endeavors, Invariantes Fund, LocalGlobe, Prime Movers LAB, Third Point Ventures, Venrock, BEN Kaminski, Entr E Capital | Announced |
| Dec 1, 2020 | $3M Seed | LocalGlobe | Antler, Atlantica Ventures, Balderton Capital, BITKRAFT Ventures, DST Global, General Catalyst, BEN Kaminski, JAN Joost Rueb, Onno Bakker, Robert Kraal, Gaston Aussems, Entr E Capital, Finch Capital | Announced |
| Jul 7, 2020 | $1.1M Venture Round | — | Finch Capital, LocalGlobe | Announced |
| Jul 1, 2020 | $1M Seed | — | Balderton Capital, DST Global, General Catalyst, LocalGlobe, BEN Kaminski | Announced |
Payaut has raised $14.1M in total across 4 funding rounds.
Payaut's investors include Anna Patterson, Alumni Ventures, Balderton Capital, BITKRAFT Ventures, Cantos Ventures, DCM, Ali Tamaseb, DST Global, General Catalyst, Innovation Endeavors, Invariantes Fund, LocalGlobe.
