Paynest Overview

  • Year Founded
  • 2022

Year Founded

  • Status
  • Private

  • Employees
  • 25

Employees

  • Latest Deal Type
  • Seed

  • Latest Deal Amount
  • $1.11M

  • Investors
  • 8

Paynest General Information

Description

Developer of an employee finance platform designed to streamline key financial tasks for businesses. The company's platform offers salary advances, expense management, on-demand bonuses, and financial coaching, enabling employees to improve their financial well-being while reducing operational burdens for employers.

Contact Information

Website
www.paynest.co
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Avenida Duque de Loulé
  • Number 12 D, Esc. 5
  • Lisbon, 1050-093
  • Portugal
Primary Industry
Financial Software
Vertical(s)
SaaS, FinTech
Corporate Office
  • Avenida Duque de Loulé
  • Number 12 D, Esc. 5
  • Lisbon, 1050-093
  • Portugal

Paynest Timeline

2023202420252026
Date FoundedFinancing RoundCaptured Employee CountEstimated Employee Growth

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Paynest Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Seed Round 09-Sep-2024 $1.11M Completed Generating Revenue
4. Accelerator/Incubator 04-Apr-2024 Completed Generating Revenue
3. Accelerator/Incubator 13-Mar-2024 Completed Generating Revenue
2. Seed Round 22-Nov-2023 $2.14M $2.64M Completed Generating Revenue
1. Seed Round 31-Dec-2022 $500K $500K Completed Startup
To view Paynest’s complete valuation and funding history, request access »

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Paynest Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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Paynest Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds
OW Ventures Venture Capital Minority
Visa Innovation Program Accelerator/Incubator
Unicorn Factory Lisboa Accelerator/Incubator
BlueCrow Capital Venture Capital Minority
C2 Capital Partners (Portugal) Growth/Expansion Minority
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Paynest FAQs

  • When was Paynest founded?

    Paynest was founded in 2022.

  • Where is Paynest headquartered?

    Paynest is headquartered in Lisbon, Portugal.

  • What is the size of Paynest?

    Paynest has 25 total employees.

  • What industry is Paynest in?

    Paynest’s primary industry is Financial Software.

  • Is Paynest a private or public company?

    Paynest is a Private company.

  • What is Paynest’s current revenue?

    The current revenue for Paynest is .

  • How much funding has Paynest raised over time?

    Paynest has raised $3.75M.

  • Who are Paynest’s investors?

    OW Ventures, Visa Innovation Program, Unicorn Factory Lisboa, BlueCrow Capital, and C2 Capital Partners (Portugal) are 5 of 8 investors who have invested in Paynest.

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