202422 Apr

Paris-based Payflows raises €25 million Series A to build the command centre for finance teams

Summary

Pauline Glikman said: “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 is providing solutions for scaling companies at the mid to upper end of growth, particularly those who are facing complex regulations and operations across multiple markets and currencies. The platform works with legacy Enterprise Resource Management (ERP) tools, offering customers a cost-effective way to select product modules individually that combine together in a fully integrated financial system. Payflows allowed us to break silos while saving a lot of money and reducing the number of licenses we have for each tool,” commented François-Guillaume Lutton at Reezocar (Group Société Générale). Rana Yared, General Partner, Balderton Capital, said: “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: Eu-startups

Funding

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

Classifications

Companies