Paynest logo

Paynest

Startups icon Seedtable Score 41 Startups icon Startups

1

Funding Rounds

4

Investors

$2.16m

Money raised

Overview

Paynest, based in London, offers a financial wellbeing platform aimed at improving employees' financial health and overall wellbeing. Operating on a B2B SaaS model within the fintech sector, the platform's primary goal is to alleviate financial stress, subsequently boosting productivity and reducing turnover rates. Unlike traditional methods where employees manage finances independently or use various tools, Paynest provides a more integrated solution. By focusing on holistic financial wellbeing, Paynest aims to enhance employee satisfaction and retention, making it a compelling option for companies investing in their workforce's financial health. With backing from investors like M4 Ventures and Lince Capital, Paynest has strong financial support to scale its offerings.
  • Website: https://paynest.co
  • Business model: b2b, saas
  • Company size: 11 - 51 employees
  • Headquarters: London, UK
  • Founded: 2022
  • Social accounts: Linkedin

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Investors (4)

BlueCrow Capital logo BlueCrow Capital

Health Tech, FinTech, Foodtech, AR / VR, Manufacturing, ...

Details
Lince Capital logo Lince Capital

FinTech, Gaming, AI, Mobile, Manufacturing, ...

Details

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Funding

Funding series

Funding Series Analysis

The company Paynest has raised a total of $2.16m in funding over 1 rounds.

Key Insights:

  • Seed: $2.16m
Paynest logo
Paynest Seed (2023, $2M) $2.16m