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Payhawk, a London, UK-based provider of a platform for payments and expense management, raised $20m in Series A funding.
The round was led by QED Investors, with participation from existing investor Earlybird Digital East. Yusuf Ozdalga will join the Payhawk board alongside existing investors Mehmed Atici from Earlybird Digital East and Vassil Terziev from Eleven Ventures.
The company intends to use the funds to:
expand coverage for businesses outside the EU and UK;
add new payment products including credit cards;
support additional currencies with FX rates; streamline the cash flow from existing bank accounts to Payhawk,
accelerate its use of AI and machine learning, in order to introduce smart workflows, ....

United Kingdom , City Of , Boyko Karadzhov , Hristo Borisov , Mehmed Atici , Vassil Terziev , Yusuf Ozdalga , United Kingdom Based , Earlybird Digital , Earlybird Digital East , Enterprise Resource Planning , Viking Life , ஒன்றுபட்டது கிஂக்டம் , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் அடிப்படையிலானது , ஆரம்பகால பறவை டிஜிட்டல் கிழக்கு , நிறுவன வள திட்டமிடல் , வைக்கிங் வாழ்க்கை ,