Startup
Payflows
Paris finance operations platform for enterprise finance teams: procurement intake, vendor management, payments and cash flow forecasting in one system, founded by two former Luko executives and backed by Balderton and Ribbit.
| Founded | 2022, Paris |
|---|---|
| Founders | Pauline Glikman (CEO), Joseph Assouline (CTO); both formerly Luko |
| Stage | Series A |
| Total funding | About $32m |
| Last round | Series A, EUR 25m, April 2024, led by Balderton Capital with Ribbit Capital, Headline, The Twenty Minute VC and Motier Ventures |
| Earlier rounds | Seed $5.5m, October 2022, led by Ribbit |
| What it does | Purchase intake and approvals, supplier onboarding, contract management, invoice processing and payments, treasury and cash forecasting, and an accounting suite covering the general ledger, receivables, fixed assets and tax reporting; sold as four AI agents, Apollo, Vera, Athena and Metis, alongside the existing ERP |
| Traction | Enterprise finance teams; customers include Feedzai, Spendesk, Electra, Swile and Evaneos; more than 50 staff |
| Pricing | Not published |
| Markets | France, Europe |
| Peers | Payhawk, Moss, Spendesk, Zip, Agicap |
Funding
- Announced rounds
- €25m
- Round
- Series A, €25m, April 2024, led by Balderton Capital
Why it matters
Payflows raised EUR 25 million from Balderton a year after founding to build the French answer to Zip and Payhawk, covering procurement through to treasury in one product. It has not raised since 2024, so the next two years will show whether the all-in-one approach holds against the spend specialists.
Part of Accountio’s accounting technology coverage.
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