When was Payflow founded?

Payflow was founded in 2020 and raised its 1st funding round within a year of its incorporation.

Where is Payflow located?

Payflow is headquartered in Madrid, Spain.

How many employees does Payflow have?

As of Jul 01, 2024, the latest employee count at Payflow is 66.

Is Payflow a funded company?

Payflow is a funded company, having raised a total of $41.3M across 10 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 16, 2020.

When was the latest funding round of Payflow?

Payflow's latest funding was a $***** Series B round on Oct 13, 2025, with participation from 1 investor.

Where does Payflow rank among its competitors?

Payflow ranks 1st amongst 27 active competitors, of which 5 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Valeria, which secured $2M in Feb, 2026.

Who are the top competitors of Payflow?

Payflow's top competitors include Clair, SalaryBox and PayFit. Among them, Valeria secured the most recent funding round in February, 2026.

Payflow - 2026 Company Profile, Team, Funding & Competitors

Company Details

Online financial services platform for on-demand pay and savings. The platform provides online loans for earned-wage loans. It allows users to request loans in advance through its platform and access part of their earned wages directly into the bank account. The loan repayments are deducted from the users' salary accounts. Its app is available for both Android and IOS devices.

Website: www.payflow.es/
Social
Email ID: *****@payflow.es

Key Metrics

Founded Year

2020

Location

Madrid, Spain

Stage

Acquired

Total Funding

$41.3M in 10 rounds

Latest Funding Round

Series B, Oct 13, 2025, $*****

Investors

Wayra & 35 more

Ranked

1^st among 27 active competitors

Employee Count

66 as on Jul 01, 2024

Investment & Acquisitions

Bloome

Similar Companies

Gusto & 1161 more

Exit Details

Acquired by Buk (Mar 01, 2022)

View Payflow's full profile

Payflow got acquired by Buk on Mar 01, 2022.

Click here to take a look at Payflow's acquisition in detail

Payflow has raised a total funding of $41.3M over 10 rounds. Its first funding round was on Jul 16, 2020. Its latest funding round was a Series B round on Oct 13, 2025 for $*****. 1 investor participated in its latest round. Payflow has 31 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Payflow:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 13, 2025	4315497	Series B	1262824	2253388	6840919	7482327
Oct 13, 2025	3492696	Conventional Debt	9544096	5707228	3477804	BBVA Spark
May 20, 2025	4239774	Series B	2075809	1638923	Cusp Capital	9896433

Access funding benchmarks and valuations. Sign up today!

View details of Payflow's funding rounds and investors

The founders of Payflow are Benoit Menardo and Avinash Sukhwani.

Here are the details of Payflow's key team members:

Benoit Menardo: Co-Founder of Payflow and founder of 2 other companies, Payflow and Rocket Internet.
Avinash Sukhwani: Co-Founder of Payflow.

View details of Payflow's Founder profiles and Board Members

Payflow's employee count trend

Payflow has 66 employees as of Jul 24. Here is Payflow's employee count trend over the years:

Uncover Payflow's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Payflow include Clair, SalaryBox and PayFit. Here is the list of Top 10 competitors of Payflow, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Payflow 2020, Madrid (Spain), Acquired	Online financial services platform for on-demand pay and savings	$41.3M	Seaya, Itnig & 34 others	77/100
2nd	Clair 2019, New York City (United States), Series B	Cloud-based employee benefits platform for on-demand pay	$67.7M	Thrive Capital, Upfront Ventures & 8 others	70/100
3rd	SalaryBox 2020, Gurugram (India), Seed	Mobile-first payroll management software for SMEs	$4.12M	AME Cloud Ventures, GSF & 14 others	57/100
4th	PayFit 2016, Paris (France), Series E	Cloud-based payroll management solution	$496M	Eurazeo, Bpifrance & 19 others	53/100
5th	Devengo 2004, Madrid (Spain), Seed	App-based platform for payday loans	$3.53M	TheVentureCity, Banco Sabadell & 7 others	53/100
6th	Valeria 2024, Barcelona (Spain), Seed	Provider of AI-powered platform simplifying HR and payroll for businesses	$2M	Venture Friends, 10K Ventures	45/100
7th	SimplePay 2009, Cape Town (South Africa), Unfunded	Online payroll management software	-	-	30/100
8th	Symplefy 2016, Ho Chi Minh City (Vietnam), Acquired	Payroll management solution provider	-	-	29/100
9th	Bridge PayDay 2015, Makati (Philippines), Unfunded	Payroll management software	-	-	28/100
10th	Gestoy 2017, Madrid (Spain), Unfunded	Platform that offers a module of human resources management for the companies	-	-	28/100