Payflows is a technology company.
Payflows provides a comprehensive suite of financial solutions including procurement, treasury, and accounting services, aimed at modernizing finance operations.
Payflows has raised $33.0M across 2 funding rounds.
Payflows has raised $33.0M in total across 2 funding rounds.
Payflows is a Paris-based fintech company founded in 2022 that builds an AI-native finance automation platform, offering intelligent sub-ledgers for cash management, payment processing, AP/AR automation, spend analytics, treasury tools, and accounting workflows.[1][2][3][5] It serves finance, ops, and business teams at enterprises by connecting bank accounts, centralizing approvals, automating payments, and providing real-time visibility to streamline financial operations and optimize liquidity.[2][3][5] With 51 employees, €25 million in revenue, and $32.12 million raised (including a $26.62 million Series A about a year ago), Payflows demonstrates strong growth momentum, including recognition in Headline's AI Europe 100 list and sponsorship of industry events like Procurement & Supply Chain LIVE Chicago in 2025.[1][2][3]
Payflows was founded in 2022 by Pauline Glikman (CEO) and Joseph Assouline in Paris, France, with a vision to create "a love letter to Finance teams" by addressing gaps in modern CFO toolkits through a unified platform for finance workflows.[1][3] The idea emerged from hands-on collaboration with customers, focusing on modular excellence, automation, and AI to simplify core processes like intake orchestration, vendor management, and cashflow forecasting.[3] Early traction came swiftly, evidenced by rapid funding—a Series A round raising $26.62 million within about a year of founding—alongside building a 51-person team and achieving €25 million in revenue, positioning it as a rising player in European fintech.[1][2]
Payflows stands out in fintech through these key strengths:
Payflows rides the AI-driven fintech automation wave, capitalizing on trends like real-time treasury, predictive cashflow, and sub-ledger intelligence amid rising demand for efficient global payments and spend controls in a high-interest, volatile economy.[2][3][5] Timing is ideal post-2022 founding, aligning with Europe's fintech boom (featured in CB Insights' Fintech collection excluding US firms) and post-pandemic shifts to digitized finance ops.[2] Market forces like regulatory pressures for compliance, vendor risks, and CFO needs for agility favor its compliant, scalable tools, while its influence grows through events sponsorships and AI accolades, helping redefine enterprise finance beyond legacy ERPs.[1][2][3]
Payflows is poised for expansion as an AI-native ERP contender, leveraging its Series A capital to enhance global payments, AI forecasting, and integrations for larger enterprises.[2][3] Trends like AI automation in treasury and real-time analytics will propel it, potentially boosting revenue beyond €25 million amid Europe's fintech surge. Its influence may evolve by setting standards for collaborative sub-ledgers, drawing more startups and corporates seeking frictionless finance—solidifying its role as a modern CFO essential from day one.[1][3][5]
Payflows has raised $33.0M in total across 2 funding rounds.
Payflows's investors include Accel, Balderton Capital, Energy Impact Partners, FirstMark Capital, Founder Collective, Gumi Cryptos Capital, Insight Partners, Yoav Tzruya, MizMaa Ventures, Moonfire Ventures, Motier Ventures, NEVA SGR.
Payflows has raised $33.0M across 2 funding rounds. Most recently, it raised $27.0M Series A in April 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2024 | $27.0M Series A | Accel, Balderton Capital, Energy Impact Partners, FirstMark Capital, Founder Collective, Gumi Cryptos Capital, Insight Partners, Yoav Tzruya, MizMaa Ventures, Moonfire Ventures, Motier Ventures, NEVA SGR, RET Ventures, Ribbit Capital, Touchdown Ventures, Zigg Capital, Philippe Teixeira da Mota, Roger Ehrenberg, Shane Neman | |
| Oct 1, 2022 | $6.0M Seed | Accel, A'Z Angels, Bain Capital Ventures, Diaspora Ventures, FirstMark Capital, Founder Collective, Greylock, Gumi Cryptos Capital, Insight Partners, Moonfire Ventures, Motier Ventures, Origins, Pareto Holdings, QED Investors, RET Ventures, Ribbit Capital, Indranil Guha, Touchdown Ventures, Zigg Capital, Philippe Teixeira da Mota, Roger Ehrenberg, Shane Neman |