When was Payrails founded?

Payrails was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Payrails located?

Payrails is headquartered in Berlin, Germany.

Who is the current CEO of Payrails?

Orkhan Abdullayev of Payrails. They have also founded 1 company.

Which legal entities is Payrails associated with?

Payrails is associated with Payrails GmbH.

How many employees does Payrails have?

As of Mar 31, 2026, the latest employee count at Payrails is 135.

Is Payrails a funded company?

Payrails is a funded company, having raised a total of $52.8M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 17, 2022.

When was the latest funding round of Payrails?

Payrails' latest funding was a $***** Series A round on Jun 12, 2025, with participation from 4 investors.

Where does Payrails rank among its competitors?

Payrails ranks 3rd amongst 39 active competitors, of which 17 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was APEXX, which secured an undisclosed amount in Feb, 2026.

Who are the top competitors of Payrails?

Payrails' top competitors include PPRO, PayNearMe and Spreedly. Among them, APEXX secured the most recent funding round in February, 2026.

Payrails - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of modular platform for payment and financial infrastructure management. The platform offers workflows, integrations, and scalability for payment operations. It provides payment orchestration, token vault, network tokenization, and secure authentication. The platform also includes reconciliation, automation, global payouts, and unified analytics. It offers solutions for increasing checkout conversions, launching new markets, and reducing payment costs.

Website: www.payrails.com/
Social
Email ID: *****@payrails.com

Key Metrics

Founded Year

2021

Location

Berlin, Germany

Stage

Series A

Total Funding

$52.8M in 3 rounds

Latest Funding Round

Series A, Jun 12, 2025, $*****

Investors

Andreessen Horowitz & 8 more

Ranked

3^rd among 39 active competitors

Employee Count

135 as on Mar 31, 2026

Similar Companies

Juspay & 159 more

View Payrails' full profile

Payrails is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Payrails GmbH CIN: HRB232719 , Germany, Active	Aug 17, 2021	-	-

Payrails has raised a total funding of $52.8M over 3 rounds. Its first funding round was on Mar 17, 2022. Its latest funding round was a Series A round on Jun 12, 2025 for $*****. 4 investors participated in its latest round. Payrails has 4 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Payrails:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 12, 2025	6669782	Series A	6069295	7437710	8374495	5504579
Jun 07, 2023	1056692	Seed	1611534	3253997	4517700	General Catalyst & 2 more
Mar 17, 2022	7960100	Seed	7818680	5709011	Andreessen Horowitz	HV Capital & 5 more

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View details of Payrails's funding rounds and investors

The founders of Payrails is Orkhan Abdullayev. Orkhan Abdullayev is the CEO of Payrails.

Here are the details of Payrails' key team members:

Orkhan Abdullayev: Co-Founder & CEO of Payrails. They serve on the board of 1 company.
Contact Info: 1 email address

View details of Payrails's Founder profiles and Board Members

Payrails' employee count trend

Payrails has 135 employees as of Mar 26. Here is Payrails's employee count trend over the years:

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Top competitors of Payrails include PPRO, PayNearMe and Spreedly. Here is the list of Top 10 competitors of Payrails, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PPRO 2006, London (United Kingdom), Series D	Provider of platform enabling local payment method integration and management	$463M	Sprints, J P Morgan & 12 others	71/100
2nd	PayNearMe 2009, Santa Clara (United States), Series E	Provider of platform facilitating payment acceptance, disbursement, and management services	$203M	QIC, August Capital & 22 others	68/100
3rd	Payrails 2021, Berlin (Germany), Series A	Provider of modular platform for payment and financial infrastructure management	$52.8M	EQT, Andreessen Horowitz & 7 others	61/100
4th	Spreedly 2007, Durham (United States), Acquired	Provider of a platform for orchestrating global payment gateway integrations	$82.8M	Spectrum Equity, E-Merge	64/100
5th	Lemon Way 2007, Paris (France), Series B	Provider of modular payment solutions for marketplaces and alternative finance platforms	$39.3M	Breega, Toscafund Asset Management & 5 others	62/100
6th	Pagos AI 2021, Wilmington (United States), Series A	Provider of AI-powered platform optimizing payments data for higher conversions	$44M	Underscore VC, Arbor Ventures & 7 others	62/100
7th	Primer 2019, London (United Kingdom), Series B	Provider of unified infrastructure for payment acceptance, routing, and reconciliation	$73.9M	Iconiq Capital, Balderton Capital & 12 others	60/100
8th	CellPoint Digital 2007, London (United Kingdom), Series D	Provider of payment orchestration platform and related payment optimisation services	$68.9M	Penta Capital, Toscafund Asset Management ... & 56 others	59/100
9th	APEXX 2015, London (United Kingdom), Series B	Provider of a platform for payment orchestration and transaction processing	$57.4M	Forward Partners, MMC Ventures & 40 others	58/100
10th	BridgerPay 2018, Limassol (Cyprus), Seed	Provider of a platform for payment orchestration, retry, and reconciliation	$6M	SIBF, Viola FinTech & 2 others	51/100