Payworks develops a cloud-based, SaaS next-generation point-of-sale payment gateway used by payment providers and merchants. Its pre-certified gateway simplifies omnichannel card acceptance and supports EMV, contactless and mobile wallet transactions. The company provides a full suite of developer tools and seamless integrations into systems such as loyalty programs and CRM to accelerate merchant and provider integrations. Founded in 2012, Payworks is headquartered in Germany and has offices in the U.K., the U.S. and Spain, with plans to expand R&D and product teams in Munich, New York, London and Barcelona. Payworks has seen strong growth as its POS technology has become an important offering for leading omnichannel payment providers. The company has raised $14.5M in this Series B, bringing total funding to $19M.

Total raised

$15M

Funding rounds

1

Latest round

Series B

Latest activity

Feb 2018