UK based SaaS startup helping businesses issue corporate cards, manage invoices, and track payments, raised $20m in Series A funding led by QED Investors.
The company has been growing nicely as revenue doubled in Q1 2021. It currently accepts clients in the European Union and the U.K. but it already plans to expand beyond those markets. Up next, Payhawk plans to launch credit cards, more currencies and tighter integration with corporate bank accounts.