.
MergerLinks Header Logo

Announced

Completed

Lightspeed Venture Partners led a $100m financing round in Payhawk.

Financials

Edit Data
Transaction Value£74m
Consideration TypeCash
Capital Owned-
Capital Bid For10%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

FinTech

Private Equity

Minority

financial systems

Acquisition

Cross Border

Bulgaria

Friendly

Venture Capital

Completed

Private

fintech

Synopsis

Edit

Lightspeed Venture Partners, a global venture capital firm, led a $100m financing round in Payhawk, the payment and expense solution company, with participation from Sprints Capital, Endeavor Catalyst, HubSpot Ventures, Jigsaw VC and Earlybird Venture. “Payhawk is more than just spend management software. It’s a one stop-shop for finance teams to consolidate the previously disparate systems required to spend, track, process, and budget corporate funds. After getting to know the team for over a year, we've been blown away with their pace of product development, building the most comprehensive solution in the market in less than four years,” Arsham Memarzadeh, Lightspeed Venture Partner.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US