Funding

[Funding alert] Barcelona-based Fintech Startup Payflow Raises €20 million in Funding

Sep 24, 2023 | By Startup Rise EU

A financing agreement for up to €20 million has been signed with BBVA Spark by the Barcelona-based fintech leader, Payflow.

A financing agreement for up to €20 million has been signed with BBVA Spark by the Barcelona-based fintech leader, Payflow.

Payflow plans to expand its business by a factor of ten with the help of the investment of funding from BBVA Spark. Payflow, a company founded in 2020, charges businesses a monthly subscription fee; as a result, employees are not charged a dime for the service.

Read also - [Funding alert] Paris-based Fintech Startup Swan Secures €37 million Series B Round in Funding

Payflow wants to build a true financial wellness platform that benefits both employees and their employers, not just be a salary-on-demand application.

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Payflow aspires to build an extensive financial wellness system that benefits both employees and the companies they work for, not just be a salary-on-demand tool.

Read also - [Funding alert] German PE investor SHS Capital Secures €270 million sixth Fund

Payflow was created in March 2020 with the aim of assisting workers in bettering their working conditions. We are able to focus on the things we are truly enthusiastic about because of you as well, and we work hard every day to offer you with the finest service available. because you are a part of our narrative, we are workers, and we know you.

About Payflow

Payflow was established in March of 2020 with the intention of assisting workers in enhancing the quality of their working lives.

Read also - [Funding alert] Berlin-based Electric vehicles Startup Cardino Raises €1 million pre-seed Funding

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