Paddle - About the company
Paddle is a series D company based in Corby (United Kingdom), founded in 2012 by Christian Owens and Harrison Rose. It operates as a SaaS-based payment solutions for merchants. Paddle has raised $293M in funding from investors like KKR, FTV Capital and BGF, with a current valuation of $1.4B. The company has 1997 active competitors, including 193 funded and 216 that have exited. Its top competitors include companies like PayPal, Stripe and PayU.
Sectors and market segments that Paddle operate in
Paddle serves in the FinTech market segments.The primary business model of Paddle is:Company Details
Paddle provides SaaS-based payment solutions for merchants. It provides a checkout service on the merchants' website to enable customers to pay with multiple payment options. It provides a subscription billing service as well to manage customers and subscriptions. It provides solutions for recurring payments, revenue delivery, data compliance, and more.
- Website
- www.paddle.com/
- Social
- Email ID
- *****@paddle.com
- Registered Address
- Greenville, South Carolina
Key Metrics
Founded Year
2012
Location
Corby, United Kingdom
Stage
Series D
Total Funding
$293M in 7 rounds
Latest Funding Round
Post Money Valuation
$1.4B as on May 10, 2022
Ranked
21st among 1997 active competitors
Annual Revenue
£57.3M as on Dec 31, 2023
Employee Count
395 as on Mar 31, 2026
Investment & Acquisitions
Legal entities associated with Paddle
Paddle is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PADDLE ACQUISITION INC. CIN: 352677554 , United States, Active | Dec 31, 1999 | - | 154 (As on Dec 31, 2024) | - |
PADDLE.COM MARKET LIMITED CIN: 8172165 , Germany, Active | Aug 07, 2012 | $2.14M (As on Aug 31, 2017) | 297 (As on Dec 31, 2023) | |
Paddle Acquisition Inc. CIN: 35-2677554 , United States, Active | - | 362 (As on Dec 31, 2023) | - | |
PADDLE.COM MARKET LIMITED CIN: 08172165 , United Kingdom, Active | Aug 17, 2012 | $71.3M (As on Dec 31, 2023) | 117 (As on Aug 31, 2020) |
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Paddle's funding and investors
Paddle has raised a total funding of $293M over 7 rounds. Its first funding round was on Sep 26, 2016. Its latest funding round was a Conventional Debt round on Jul 18, 2025 for $25M. 1 investor participated in its latest round. Paddle has 11 institutional investors and 15 angel investors.
Here is the list of recent funding rounds of Paddle:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 18, 2025 | $25M | Conventional Debt | - | - | - | |
May 09, 2022 | $200M | Series D | $1.4B | - | ||
May 09, 2022 | Undisclosed | Conventional Debt | - | - | - |
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Paddle's founders and board of directors
Founder? Claim ProfileThe founders of Paddle are Christian Owens and Harrison Rose.
Here are the details of Paddle's key team members:
- Christian Owens: Founder of Paddle. They are also an angel investor in 3 startups and serve on the board of 1 company.
- Harrison Rose: Co-Founder of Paddle and founder of 1 other company. They are also an angel investor in 1 startup.
Paddle's Board of Directors
Paddle's board has 5 active members. Laurel Bowden, Christian Owens, Chrysanthos Chrysanthou and Hugo Guy Sylvester Grimston are part of team and Kyle Adams Griswold is independent board member.Here is the list of Paddle's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 13y 6m | |
Team | - | Current | 11y 6m | |
Team | - | Past | 1y 2m | |
Investor | 83NORTH | Current | 6y 6m | |
Investor | Kindred Capital | Current | 8y 3m | |
Investor | - | Past | 2y 4m | |
Investor | - | Past | 2y 0m | |
Independent board member | - | Current | 5y 3m | |
Independent board member | - | Past | 1y 2m | |
Independent board member | - | Past | 2y 0m |
View details of Paddle's Founder profiles and Board Members
Paddle's employee count trend
Paddle has 395 employees as of Mar 26. Here is Paddle's employee count trend over the years:
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Paddle's Competitors and alternates
Top competitors of Paddle include PayPal, Stripe and PayU. Here is the list of Top 10 competitors of Paddle, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  PayPal 1998, United States, Public | Provider of online payment solutions, money transfers, and virtual wallets | $216M | 87/100 | |
2nd | Stripe 2010, San Francisco (United States), Series I | Provider of financial infrastructure solutions for revenue growth and payment processing | $9.81B | 87/100 | |
3rd | PayU 2002, Amsterdam (Netherlands), Series C | Provider of payment solutions and credit products for online merchants | $35.1M | 84/100 | |
4th |  Flutterwave 2016, San Francisco (United States), Series D | Provider of payment solutions for online and physical business transactions | $489M | 83/100 | |
5th | Adyen 2006, Amsterdam (Netherlands), Public | Provider of end-to-end payment, data, and financial management platform solutions | $266M | 80/100 | |
6th |  Corpay 2000, Atlanta (United States), Public | Provider of payment automation and expense management software solutions | $175M | 77/100 | |
7th | Worldpay 1993, London (United Kingdom), Acquired | Provider of payment processing solutions for online, in-store, and omnichannel commerce | $18M | 77/100 | |
8th | ACI Worldwide 1975, Omaha (United States), Public | Process and manage digital payments | - | 76/100 | |
9th | Modern Treasury 2018, San Francisco (United States), Series C | Provider of APIs to automate and manage money movement and ledgering | $183M | 74/100 | |
10th | Checkout 2012, London (United Kingdom), Series D | Provider of payment processing and global money movement solutions | $1.83B | 74/100 | |
21st | Paddle 2012, Corby (United Kingdom), Series D | SaaS-based payment solutions for merchants | $293M | 67/100 |
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Paddle's Investments and acquisitions
Paddle has acquired ProfitWell. Paddle has not made any investments as of now.Reports related to Paddle
Here is the latest report on Paddle's sector:
News related to Paddle
Filter this listMedia has covered Paddle for a total of 9 events in the last 1 year, 2 of them have been about company updates and 2 about partnerships.
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GoodFit Secures $13M to Transform AI-Driven Go-to-Market StrategiesStartup Rise EU•Sep 29, 2025•Salica Investments, Good Fit, Notion, Clari and 2 others
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FTC Fines Payment-Processor Paddle $5 Million for Alleged Support of SchemesInsurance Journal•Jun 20, 2025•Paddle
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Paddle, RevenueCat Partner on Web Payments for App Developers Amid Apple Policy ChangeTechCrunch+•Jun 04, 2025•RevenueCat, Paddle
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BGF commits £500m to startup investments as part of £3bn pledgeUKTN•May 27, 2025•BGF, Oxa, Gousto, Paddle
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Paddle Finance Launches on Berachain, Expanding DeFi Liquidity ToolsGlobeNewswire•Apr 25, 2025•Paddle, Berachain
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Paddle Finance Launches on Berachain: Liquidity Tools for Non-Standard AssetsBeInCrypto•Apr 25, 2025•Paddle
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