FintekNews Deal of the Day – Payworks Raises $4.5M

Today, as we globetrot around the world for the hottest VC deals in fintech, we take you to Germany, where Munich-based Payworks has raised a Series A round of $4.5M from Rumford, HW Capital and SpeedInvest.  According to their Crunchbase listing, Payworks offers “next generation payment gateway technology”. 

According to their website, “With the rapid advance of digital technology at the Point of Sale, merchants of all sizes and industries are demanding more flexible solutions from their payment providers. Payworks provides payment providers with Pulse – a next generation payment gateway technology that makes card acceptance at the modern-day Point of Sale quick, easy and cost-efficient.”

They boast an international array of customers, including US-based Stripe, fashion house Alexander Wang, Swiss-based Six, and Germany’s Concordis, amongst others. 

Proof again that the fintech revolution is worldwide and growing as we speak. 

Total Equity Funding
$4.5M in 2 Rounds from 4 Investors

Most Recent Funding
$4.5M Series A on September 6, 2016

Read Full Listing at Crunchbase