202422 Apr

Paris-based Payflows raises €25M led by Balderton to build a ‘love letter to the finance team’

Summary

Founded in 2022 by veterans of Airbnb and Luko — Pauline Glikman and Joseph Assouline, Payflows’ suite of finance tools is designed to streamline workflows and provide a collaborative, automated experience that integrates seamlessly with existing accounting systems. Pauline says, “We designed Payflows as the missing piece in the CFO toolkit: a single platform for finance teams to sync and orchestrate data across all their Enterprise Resource Planning tools and financial systems, with automation and collaboration at the core. We give the modern finance team the real-time control they deserve.” Payflows provide solutions for mid to upper-stage growth companies facing complex regulations and operations across multiple markets and currencies. The VC has both early and growth funds and invests across the technology sector, with a proven track record backing fintech, B2B SaaS, digital health, mobility, gaming, and marketplace companies. Rana Yared, General Partner, Balderton Capital, says, “The CFO tech stack is overly complicated, and growing businesses are increasingly in need of solutions to streamline and optimise their financial tools and workflows.

Source: Siliconcanals

Funding

$27.3M
Amount
Apr 22 2024
Date
-
Investor
Paris
Company

Classifications

Companies