Payrails, a Berlin, Germany-based global payment software company, has raised $32 million in Series A funding.
Investors
The round was led by HV Capital’s Growth Fund, with participation from all existing investors: EQT Ventures, General Catalyst, and Andreessen Horowitz (a16z). This brings Payrails’ total funding to $52.8 million.
HV Capital is a venture capital firm specializing in investments across the Internet and technology sectors in Europe. The firm supports startups through various stages, including early-stage rounds, growth-stage investments, and follow-on funding. Founded in 2000, it operates from offices in Berlin and Munich, backing entrepreneurs from seed stage to exit.
Payrail Use of Funds
The company will use the funds to accelerate product innovation, roll out new capabilities across the payment lifecycle, and expand go-to-market efforts across EMEA. Payrails is hiring for commercial and product roles in Berlin, London, Paris, Dublin, Cairo, and Dubai.
About Payrails
Payrails offers a payment operating system designed to help enterprises take control of their payment operations and maximize performance. Its all-in-one platform covers the entire payment lifecycle through a modular architecture that includes payment orchestration, payouts, tokenization, unified analytics, automated reconciliation, and recently launched in-person payments — all powered by advanced data capabilities. The company has expanded into 30 new markets across Europe and MENA, attracting enterprise customers across mobility, marketplaces and platforms, travel, e-commerce, financial services, and subscription services. Major clients include Puma, Vinted, Flix, InDrive, Careem, and Just Eat Takeaway.
Funding Details
Company: Payrails GmbH
Raised: $32.0M
Round: Series A
Funding Date: June 2025
Lead Investor: HV Capital (Growth Fund)
Additional Investors: EQT Ventures, General Catalyst, Andreessen Horowitz (a16z)
Company Website: https://www.payrails.com/
Software Category: Payments Infrastructure / Fintech SaaS / Payment Orchestration
Source: https://www.payrails.com/blog/payrails-series-a