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Payments & expense management solution

201-500 employees
  • Fintech
  • B2B
  • Banking
  • Payments
  • Accounting
WeWork, 1 Waterhouse Square, London, England EC1N 2ST, GB

Company mission

Payhawk's mission is to simplify company spending and empower every business to reach its full potential by automating its payments and back-office work.


Top investors

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30% female employees

52% employee growth in 12 months

Otta's take

Sam Franklin headshot

Sam Franklin

CEO of Otta

Finance teams often juggle a number of disconnected tools to manage the company's spend, with expense management, invoicing, company cards and subscriptions covered by different software packages. These aren't really designed to interact with one another, which can cause friction and create a lot of manual work. Payhawk is changing this with a unified platform to replace all individual B2B payments services, allowing a company to manage its expenses in a single place.

Operating mainly in Europe and the UK, Payhawk competes with the likes of Spendesk and Revolut Business. Where Payhawk stands out is in its flexibility in how its customers can configure its workflows, and its attentive and rapid customer support. This has seen it grow a large international customer base including the likes of Wagestream, LloydsDirect and Vinted to name a few.

Payhawk closed the second phase of its Series B funding round in 2022, with a valuation that made it the first ever Bulgarian unicorn. It has used this funding to open new offices in Paris, Amsterdam and New York as it launched its expansion into the US market. It will continue to develop its product and hire new talent, planning to grow its UK headcount by 44% in 2024 off the back of massive growth in 2023.


  • Flexible working hours
  • Help with relocation
  • Company card
  • Work from any office
  • 30 days holiday (excl. bank holidays)
  • Medical care

Company values

  • Supporting flat hierarchies
  • Taking ownership and responsibility
  • Seeking and providing feedback
  • Managing constructive critique
  • Speaking our minds

Funding (last 2 of 5 rounds)

Feb 2022



Nov 2021




Total funding

This company has top investors


Previously a Software Developer at Marvena for 1 year and Software Engineer - Principal at Telerik for 3 years.

Previously worked for 10 years at Progress, holding various positions such as Senior Manager of Product Management for 1 year and Software Developer for 2 years.

Previously Senior Corporate Finance Advisor at KPMG for 4 years and Financial Planning & Analysis Manager at Progress for 3 years.

People progressing

Currently BDR manager - started as a BDR.

Jobs (15)

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Finance, Legal & Compliance

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