Founded in 2012, Payworks has developed a next generation payment gateway technology, operated in the cloud and provided in a Software as a Service model to payment providers. Payworks’ technology has simplified omnichannel card acceptance by offering a pre-certified and easily accessible gateway solution which is significantly facilitating innovation in the integrated Point of Sale space. Payworks also provides a full suite of developer tools and seamless integrations into systems such as loyalty programs and CRM, allowing merchants and payment providers to optimize the customer experience quickly and easily. Payworks plans to use the new funds to drive global growth and scale, focusing on increasing its R&D and Product teams across offices in Munich, New York, London and Barcelona. This will enable the company to fulfill the growing demand for its solutions amongst its growing global client base.

https://www.businesswire.com/news/home/20180214005569/en/Payworks-Announces-14.5M-Series-Investment