Payflow is a Spanish fintech offering earned wage access ("salario bajo demanda") and flexible compensation benefits through a mobile app, letting employees withdraw already-earned salary before payday and access other financial wellness perks. It serves 1,000+ B2B clients (NH Hotel Group, Masmovil, Correos, Alcampo, Quirón, DomusVi) across hospitality, telecom, healthcare, logistics and retail, integrating with 60+ HR/payroll systems. Founded in 2020 (YC S21 batch), it has raised roughly €24M in equity plus €27M in debt (including a €20M BBVA Spark facility) and is expanding into Portugal and Latin America (Peru, Colombia).
SectorsFintech, HR & Future of Work
Start-up MapFintech › Consumer credit & financial inclusion
Founders
A
Avinash Sukhwani
Co-founder
B
Benoit Menardo
Co-founder
Global models 5
DDailyPay
United States · www.dailypay.com ↗
The largest global earned wage access platform, letting employees draw already-earned pay before payday via employer integrations, the same core model as Payflow.
$1.0BComparable
WWagestream
United Kingdom · wagestream.com ↗
UK-based earned wage access and financial wellness app for employers, closely mirroring Payflow's on-demand pay plus financial benefits approach.
$200MComparable
PPayactiv
United States · www.payactiv.com ↗
Pioneer of earned wage access as an employee benefit integrated with payroll systems, the same B2B EWA model Payflow runs in Spain.
$100MComparable
BBranch
United States · www.branchapp.com ↗
Employer-integrated app offering on-demand pay and financial tools to hourly/shift workers, directly comparable to Payflow's app-based EWA offering.
$110MComparable
C
Clair
United States · www.clairapp.com ↗
Fintech providing free instant access to earned wages plus a banking app for employees, matching Payflow's combination of EWA and financial superapp features.
$60MComparable
In the same niche 26 others
See all in the Start-ups Map →
Notes: Most funded first
Investors 25
Open as list →
CCathay Innovation
www.cathayinnovation.com
SSeaya
www.seaya.vc
WWayra
www.wayra.com
BBBVA Spark
www.bbvaspark.com
CCusp Capital
www.cuspcapital.com
CConexo Ventures
conexo.vc
AAbac Nest
abacnest.abaccapital.com
IItnig
itnig.net
LLanai Partners
lanai.vc
M
Mango StartUp Studio
mangostartupstudio.com
PPlug and Play Tech Center
plugandplaytechcenter.com
RRebel Fund
www.rebelfund.vc
YY Combinator
www.ycombinator.com
Z
Zone2boost
zone2boost.com
66 Degrees Capital
F
Financière Saint James
C
Clement Benoit
FForce Over Mass Capital
M
Max Mullen
M
Michael Benabou
RRocket Internet
S
Sebastian Mejia
S
Steve Huffman
TThomson Reuters Ventures
WWille Finance
Funding rounds 8
| Date | Round | Amount | Lead |
|---|---|---|---|
| 2025-06-02 | Series B (estimated) | €9M |
Cusp Capital
+1 more
|
| 2024-07-24 | Series A | €6M |
Seaya Ventures, Cathay Innovation, 6 Degrees Capital, Wayra
+2 more
|
| 2023-09-18 | Venture Debt | up to €20M | BBVA Spark |
| 2023-03-10 | Series A (estimated) | — |
Lead unknown
+2 more
|
| 2022-01-17 | Series A | $9.1M |
Seaya Ventures, Cathay Innovation
+6 more
|
| 2021-06-16 | Venture Debt | €1M | Financière Saint James |
| 2021-02-04 | Seed | €400K |
Lead unknown
+3 more
|
| 2020-07-16 | Seed (estimated) | €1.6M |
Lead not disclosed
+6 more
|
News 7
Open as list →| Published | Article |
|---|---|
| 2026-10-24 |
Remolonas, Ruit y XRF reciben respaldo para crecer e innovar ↗
Emprendedores
2026-10-24+1 source |
| 2026-06-16 |
Why LATAM founders are finding their feet in Europe ↗
EU-Startups
2026-06-16 |
| 2026-02-20 |
La tecnológica Payflow se lanza a la búsqueda de un socio estratégico (contrata a Arcano para preparar su venta) ↗
El Economista
2026-02-20 |
| 2025-06-02 |
Cusp Capital invests €10 million in Payflow to support its growth in Spain and Latam ↗
Capital-Riesgo.es
2025-06-02 |
| 2025-06-02 |
Madrid-based Payflow raises €10 million to expand their Earned Wage Access platform across Europe and LAM ↗
EU-Startups
2025-06-02 |
| 2024-07-24 |
Barcelona-based Payflow raises €6 million to expand flexible salary in Iberian and Latam markets ↗
EU-Startups
2024-07-24 |
| 2023-09-18 |
Barcelona-based Payflow secures €20 million to further expand with its financial well-being solution ↗
EU-Startups
2023-09-18 |