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Getpaid is a Düsseldorf, Germany-based financial technology company that provides B2B payment solutions and accounts receivable automation for digital marketplaces and SaaS platforms. The organization develops infrastructure that streamlines complex financial operations, including automated invoice creation, multi-party payment processing, commission splits, fee collection, and international cash flow management. Through its customizable checkout system, the platform supports various payment methods such as direct debits, cards, and standard invoicing for enterprise clients. Getpaid has raised $7.02 million in total funding, which includes a $6 million seed round, and has successfully onboarded a customer base representing over €600 million in gross merchandise value. The company's financial backing comes from a syndicate of prominent venture capital investors including Inventure VC, Picus Capital, and Illusian. Getpaid was founded in 2022 by a team of payments industry veterans including chief executive officer Cyrosch Kalateh.
Getpaid has raised $7.0M across 2 funding rounds.
Getpaid has raised $7.0M in total across 2 funding rounds.
Getpaid is a fintech company founded in 2022 that builds an automated B2B payments platform specializing in accounts receivable (AR) automation, invoice management, and embedded payments infrastructure.[1][2][3][4] It serves B2B marketplaces, SaaS platforms, and companies optimizing financial operations by streamlining the transaction lifecycle—from invoice creation and AI-powered payment matching to multi-channel delivery and cash flow tracking—replacing outdated AR tools with low-code, ERP-integrated solutions like SAP and Oracle.[1][3] The platform solves persistent problems like manual invoice processing, payment delays, and high error rates, enabling faster collections, data-driven decisions via KPIs, and monetization for platforms through in-house payments control.[2][3][4] Getpaid has shown growth momentum with €6.7 million in total funding, including a €5.7 million round in 2023, and operates from Düsseldorf, Germany, with teams in Madrid, Malaga, Rome, and Frankfurt.[2][4]
Getpaid, legally NYX Payments Software Services GmbH (registered in Düsseldorf under HRB 96810), emerged in 2022 amid rising demand for scalable B2B payment automation in Europe.[1][4] Its founders bring complementary expertise: one is a veteran financial leader with deep experience in payments, open banking, M&A, private equity, and global payment product innovation, excelling at scaling fintech companies.[2] The other is a seasoned technology executive who built and led engineering teams at Microsoft and American Express, leveraging disruptive tech like cloud-native computing and big data in payments.[2] The idea crystallized to empower marketplaces and platforms to internalize multiparty payments between buyers and sellers, bypassing clunky legacy systems and enabling rapid scaling—early traction came via modular embedded infrastructure that integrates quickly without lengthy projects.[2][3][4]
Getpaid rides the B2B fintech wave of digitizing payments and AR amid fragmented marketplaces, where traditional systems hinder scaling—timing aligns with Europe's open banking push and AI adoption for financial automation.[1][3] Market forces like rising transaction volumes in SaaS/B2B, demand for fee-free or low-cost processing (vs. competitors like Paystand or Billtrust), and ERP modernization favor its model, especially post-2022 funding amid economic pressures on cash flow.[1][4] It influences the ecosystem by enabling platforms to own payments vertically, fostering faster growth for marketplaces in chemicals, retail, and beyond, while competing with established players like Serrala through superior speed and modularity.[1][2]
Getpaid is poised to expand its embedded payments footprint across Europe, leveraging €6.7M funding for deeper AI enhancements and geographic push into high-growth markets like Spain and Italy.[2][4] Trends like AI-driven finance, real-time B2B payments, and regulatory tailwinds (e.g., PSD3) will accelerate adoption, potentially positioning it as a go-to for marketplace monetization amid global AR digitization.[3] Its influence may evolve from niche AR automation to full-stack B2B payment orchestration, challenging incumbents if it sustains low-code innovation—watch for Series A traction and U.S. entry to amplify its scaling mission from Düsseldorf's vantage.[1][2] This embeds Getpaid squarely in fintech's efficiency frontier, streamlining B2B transactions at scale.[3][4]
Getpaid has raised $7.0M in total across 2 funding rounds.
Getpaid's investors include Gwen Sandberg, Connect Ventures, Jigsaw VC, Jonathan Golden, NFX, Oak HC/FT, Picus Capital, PS Investments, Team8, Viola Ventures, Oliver Roskopf, Robert Maier.
Getpaid has raised $7.0M across 2 funding rounds. Most recently, it raised $6.0M Seed in October 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2023 | $6M Seed | Gwen Sandberg | Connect Ventures, Jigsaw VC, Jonathan Golden, NFX, OAK HC/FT, Picus Capital, PS Investments, Team8, Viola Ventures, Oliver Roskopf, Robert Maier, Alexander Schwoerer, Christian Grobe, Felix Jahn, Ilkka Paananen, Joachim Drees, Jordane Giuly, KAI UWE Mokros, Matthias Knecht | Announced |
| Jul 1, 2022 | $1M Seed | — | Jonathan Golden, NFX, OAK HC/FT, Picus Capital, PS Investments, Team8, Viola Ventures | Announced |
