Payrails - Streamlining International Payments for Large-Scale Businesses

Payments break when you scale across countries.

Payrails is building the payment operating system for big, multi-market businesses. Think marketplaces, mobility, travel, and subscriptions that run dozens of PSPs, methods, and currencies and need one place to control it all.

The product is modular. Payment orchestration, payouts, tokenization, unified analytics, and automated reconciliation, plus in-person payments for teams that live both online and offline.

The business model is classic enterprise SaaS. You pay for the platform, then you expand as more markets, payment methods, and teams move onto the same rails, with switching costs baked into routing logic, data, and reconciled ledgers.

In 2024 they say they processed over 1 million daily operations and expanded into 30 new markets across Europe and MENA. Customers mentioned publicly include Puma, Vinted, Flix, inDrive, Just Eat Takeaway, and Careem.

The company is Berlin-based and was founded in 2021 by Orkhan Abdullayev, Emre Talay, and Nicolas Thouzeau, a team that previously built and scaled the fintech arm at Delivery Hero across 30 countries. That “ops pain” background is the whole point of the product.

Funding is a real signal here. Payrails raised $6.4M seed in March 2022, a $14.4M seed extension in July 2023, and then a $32M Series A on June 12, 2025 led by HV Capital with EQT Ventures, General Catalyst, and a16z, taking total funding to about $52.8M.

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If you run payments for an enterprise, would you rather buy orchestration and reconciliation as a platform, or keep patching it together with internal tooling and spreadsheets?

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