Payrails
Overview
Payrails is a financial technology company that operates a global payment software platform. The company provides comprehensive solutions that streamline financial operations, including accepting payments, issuing payouts, and automating various financial processes for high-growth companies. Founded in 2021 by former Delivery Hero executives Orkhan Abdullayev and Emre Talay, Payrails is headquartered in Berlin, Germany. With a focus on innovation and adaptability, Payrails offers modular and scalable payment solutions tailored to the complex needs of large enterprises and marketplaces. As of 2025, it has raised significant funding, including over €27.7 million in Series A financing.
Recent Developments
- June 2025: Payrails secured $32 million in Series A funding. This round was led by HV Capital's Growth Fund with existing investors EQT Ventures, General Catalyst, and Andreessen Horowitz participating. The funding aims to accelerate product innovation and expand operations across EMEA to meet surging enterprise demand. It follows a milestone year where Payrails processed over 1 million transactions daily and expanded into 30 new markets across Europe and MENA.
- February 2025: Entered a strategic partnership with Mastercard to revolutionize enterprise digital payments. The collaboration aspires to enhance global payment infrastructures, providing robust, adaptable solutions to streamline complex transactions.
- February 17, 2025: Announced a partnership with Flix, facilitating scalable payment solutions to fuel Flix’s global expansion. The collaboration aims to support Flix’s vast network by optimizing checkout experiences and enhancing payment operations.
- 2024: Expanded reach into 30 new markets and collaborated with leading brands such as Puma and Just Eat Takeaway to optimize payment processes, increase authorization rates, and implement cost-effective financial solutions.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2021 |
| Headquarters | Berlin, Germany |
| Founders | Orkhan Abdullayev, Emre Talay |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | HV Capital, EQT Ventures, Andreessen Horowitz |
| Industry | Financial Technology (FinTech) |
| Number of Employees | 27 (as of 2023) |
Early History
Payrails was established in 2021 by co-founders Orkhan Abdullayev and Emre Talay, who previously worked at Delivery Hero, where they identified a gap in the market for scalable, flexible payment solutions. Recognizing the limitations of existing solutions, especially in terms of integrating complex payment systems globally, they designed Payrails to act as a modular platform that would simplify and streamline payment operations for large enterprises. The company quickly garnered attention for its innovative approach, securing early-stage funding and establishing strategic partnerships to enhance its service offerings.
Company Profile and Achievements
Payrails operates as a modular payment operating system designed for high-growth global enterprises. It provides a comprehensive suite of tools that manage the entire payment lifecycle, including orchestration, payouts, tokenization, unified analytics, automated reconciliation, and recently integrated in-person payments.
- Milestones and Achievements:
- 2025: Raised $32 million in Series A funding, highlighting investor confidence in its business model.
- 2025: Entered strategic partnerships with Mastercard and expanded collaborations with global brands like Flix and Puma.
- 2024: Achieved processing of over 1 million transactions daily and expanded its global presence into 30 new markets.
- Ongoing partnerships with notable companies such as Puma, Just Eat Takeaway, and Vinted for payment solutions that improve efficiency and reduce complexity.
- Business Model: Payrails offers a revenue model inclusive of subscription fees, transaction fees, and customization service charges. It emphasizes modularity, providing businesses with the ability to customize and optimize payment operations without needing extensive in-house infrastructure.
Current Operations and Market Position
Currently, Payrails operates in a dynamically expanding fintech market. It leverages its robust payment orchestration system to support complex, multi-regional enterprises with sophisticated payment needs. Its platform addresses the demands of an evolving global payment landscape by enabling clients to integrate multiple payment methods and optimize transactions strategically.
- Market Position: Payrails has positioned itself as a key player in the fintech sector, specifically in payment orchestration. Its ability to provide flexible, scalable solutions gives it a competitive edge in managing enterprise-level payment complexities.
- Strategic Initiatives: With strategic expansions planned for the EMEA region, backed by significant Series A funding, Payrails is poised to enhance its product offerings and establish itself further as an industry leader in global payment solutions.
Conclusion
Payrails stands out in the fintech space for its innovative payment operating system designed for large, complex enterprises seeking to streamline their global payment operations. The company's ability to adapt and integrate with multiple payment systems and rapid scalability demonstrates its significant potential to shape the future of financial technology. With recent strategic partnerships and substantial funding, Payrails is set to play a pivotal role in enhancing global commerce's financial infrastructure.