Payhawk reduces the amount of manual work caused by disconnected tools for cards, payments, invoices, and expense management by combining those elements in one platform and therefore acting as a one-stop-shop for finance teams.
The fintech will use the new funds to accelerate its product roadmap with the launch of a credit card in Q1 of 2022, and low-cost cross-border transfers as an alternative to SWIFT payments. These expansion and product build plans will run in tandem with growing the marketing and sales team in Payhawk’s key markets of the UK, Germany, Spain and Benelux.
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