HV Capital led a $32m Series A round in Payrails.

HV Capital, an investment firm, led a $32m Series A round in Payrails, a global payment software company, with participation from EQT Ventures, General Catalyst, and Andreessen Horowitz. “We’re grateful for the trust our customers and investors have placed in us. Their continued support fuels our vision of empowering enterprises with an all-in-one platform to manage every aspect of payments, unlocking new levels of performance and innovation while driving down complexity and costs. With this funding, we’re doubling down on product development to expand our multi-product platform across the entire payment lifecycle. Our payment operating system is setting a new industry standard for how enterprises manage and optimize payments, with more control, visibility and flexibility than ever before," Orkhan Abdullayev, Payrails Co-Founder and CEO.