Payhawk provides a spend management platform. It includes credit cards, payments, expenses, cash management, and pre-accounting into one integrated experience. It offers technology to enable finance teams to control and automate company spending at scale. It was founded in 2018 and is based in London, United Kingdom.
Payhawk's Product Videos
Payhawk's Products & Differentiators
• Integrated global solution for managing company spending • Corporate bank accounts in multiple currencies with dedicated IBANs • Global company cards • Mobile app for employees • Powerful and flexible software for the finance accounting team • Best-in-class direct integrations with ERP mean no manual data transfer (especially Xero and Oracle NetSuite)
Research containing Payhawk
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Payhawk in 13 CB Insights research briefs, most recently on Aug 2, 2023.
Expert Collections containing Payhawk
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Payhawk is included in 5 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Excludes US-based companies
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Latest Payhawk News
Sep 14, 2023
By Gloria Methri Share Payhawk, the global spend management platform, has announced ‘Payhawk Green’ , to help companies make more sustainable decisions related to company spending. The new features are available to all customers at no additional cost. Increasingly companies want and are required to become more sustainable and transparent about their carbon footprint and sustainability efforts. For example, companies will soon need to comply with legislation such as the UK’s Streamlined Energy and Carbon Reporting (SECR) and the EU’s Corporate Sustainability Reporting Directive (CSRD). Many businesses now use spend management solutions, such as Payhawk, to control spending and maximise the efficiency of their financial processes. With the release of Payhawk Green, customers can automatically quantify the CO2 associated with purchases on Payhawk cards at no extra cost. In addition, Payhawk’s platform can be customised to collect and manage Environmental Social, and Corporate Governance (ESG) data for suppliers, thereby improving supply chain transparency. Collectively, these features can be used to help businesses comply with new regulations and help support their own ESG initiatives, such as offsetting their emissions. Hristo Borisov, CEO and Co-Founder of Payhawk said, “Today’s release of Payhawk Green will help businesses with one component of their broader ESG initiative, and develop more features in the future that further support our customers.” “To quantify spend-related carbon emissions, Payhawk has integrated with Lune. To maximise accuracy, the Lune platform uses the Greenhouse Gas Protocol estimations, considers product category and value, and uses industry-specific methodologies like the International Civil Aviation Organisation (ICAO) for flights or the Global Logistic Emissions Council (GLEC) for logistics. Lune uses thousands of spend-based emissions factors, with global coverage and country-specific data from more than 45 countries. Erik Stadigh, Co-Founder of Lune said, “Whilst sustainability is such a new topic, every company approaches it differently. In light of the new EU regulations, it is something every company needs to consider. Payhawk is helping to pioneer how the spend management space can support businesses with integrated carbon emissions reporting built into it, and does not charge extra for this export.” Previous Article Digital monthly issue Global coverage
Payhawk Frequently Asked Questions (FAQ)
When was Payhawk founded?
Payhawk was founded in 2018.
Where is Payhawk's headquarters?
Payhawk's headquarters is located at WeWork, 1 Waterhouse Square, London.
What is Payhawk's latest funding round?
Payhawk's latest funding round is Series B - II.
How much did Payhawk raise?
Payhawk raised a total of $236.5M.
Who are the investors of Payhawk?
Investors of Payhawk include Earlybird Venture Capital, QED Investors, Greenoaks Capital Management, Jigsaw, Endeavor and 12 more.
Who are Payhawk's competitors?
Competitors of Payhawk include Moss, Ramp, Jeeves, Jenesys, Airbase and 11 more.
What products does Payhawk offer?
Payhawk's products include Payhawk and 4 more.
Who are Payhawk's customers?
Customers of Payhawk include ATU, Luxair, Heroes, Payflow and Gtmhub.
Compare Payhawk to Competitors
Pleo operates as a business spend management platform. It provides virtual cards, expenses, automated expense reports for employees, invoices, and more. It serves industries such as retail, healthcare, technology, and more. It was founded in 2015 and is based in Copenhagen, Denmark.
Spendesk provides corporate spending solutions to control and manage payments. It offers a dashboard to track budgets, receipts, and expense approvals and offers company cards with built-in controls. The company was founded in 2016 and is based in Paris, France.
Yokoy offers a cloud-based expense management platform. It helps businesses automate their expense reporting and processing. It provides solutions such as expense management, invoice processing, corporate cards, and more. It serves industries such as financial services, manufacturing, technology, and more. The company was formerly known as Expense Robot. It was founded in 2019 and is based in Zurich, Switzerland.
Brex operates as a financial solutions company. It offers a corporate credit card, expense management solutions, financial modeling, bill payment, business account, and more. The company provides its services to startups and scaling businesses. It was formerly known as Veyond. It was founded in 2017 and is based in San Francisco, California.
Ramp offers credit cards for small and medium-sized businesses (SMBs). It provides companies with higher card limits, saving opportunities, automated expense management, receipt matching, and accounting integration. The company provides its services to startups, enterprises, and other entities. It was founded in 2019 and is based in New York, New York.
Soldo offers business-focused expense management solutions. The platform automates and integrated employee and business spending. Its services include prepaid company cards with built-in budgets and rules. It was founded in 2014 and is based in London, United Kingdom.