Berlin, Germany – June 12, 2025 — German FinTech startup Payrails, a global payment software company, has raised €27.7 million in a Series A funding round to accelerate product innovation, scale its platform, and support commercial growth across EMEA.
The funding round was led by HV Capital’s Growth Fund, with participation from existing investors EQT Ventures, General Catalyst, and Andreessen Horowitz (a16z). This brings Payrails’ total funding to over €45.8 million, marking one of the largest Series A rounds for a FinTech company in Europe this year.
Powering the Future of Enterprise Payments
Founded in 2021 by former Delivery Hero executives, Payrails is setting a new benchmark in enterprise-grade payment infrastructure. Its modular, all-in-one payment operating system allows large enterprises to manage the full payment lifecycle — including orchestration, payouts, tokenisation, unified analytics, automated reconciliation, and recently introduced in-person payments.
With over 1 million daily operations processed in 2024 and a footprint in 30 new markets across Europe and MENA, Payrails has secured major enterprise clients such as Puma, Vinted, Flix, InDrive, Just Eat Takeaway, and Careem.
“We’re grateful for the trust our customers and investors have placed in us,” said Orkhan Abdullayev, Co-founder and CEO of Payrails. “With this funding, we’re doubling down on product development to expand our multi-product platform. Our payment operating system gives enterprises more control, visibility, and flexibility than ever before.”
Backing from Global FinTech Leaders
Alexander Joel-Carbonell, Partner at HV Capital, commented:
“Having worked with Orkhan and Emre since our Delivery Hero days, I’ve seen firsthand their ability to build and scale. With Payrails, they’ve created a category-defining product that solves real pain points for enterprise customers.”
Kaushik Subramanian, Partner at EQT Ventures, added:
“Payrails’ composable software blocks—from pay-ins to reconciliation—give companies commercial agility that legacy systems can’t match. Their world-class team and rapid enterprise traction speak volumes.”
David Haber, General Partner at Andreessen Horowitz (a16z), emphasized:
“As companies globalize from day one, the need for scalable, unified payment infrastructure is urgent. Payrails’ modular approach and execution speed make it foundational for the next generation of global enterprises.”
Strategic Growth and Global Expansion
Earlier this year, Payrails entered into a strategic partnership with Mastercard to accelerate digital transformation and next-gen payment capabilities for enterprise clients.
To support its rapid growth, the company is expanding its commercial and product teams across Berlin, London, Paris, Dublin, Cairo, and Dubai. It has also made key leadership hires:
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Edward Moore, Chief Revenue Officer (ex-Stripe)
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Willian Carminato, Chief Technology Officer (ex-Miro)
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Patrick Bellinghausen, VP Finance (ex-Delivery Hero)
Zeynep Yavuz, Partner at General Catalyst, noted:
“Enterprises are facing increasingly complex global payment flows. Payrails offers a reliable, cost-effective platform built to scale. We’re proud to back their vision for the future of payments.”
With over 100 integrations — including Stripe, Adyen, Forter, SAP, Salesforce, and Snowflake — Payrails delivers a deeply integrated meta-layer for managing payments across geographies, channels, and verticals.
As global payment transactions are projected to exceed $1.7 trillion by 2025, Payrails is positioning itself as the go-to operating system for enterprises navigating complexity, regulatory fragmentation, and scale.
