Company · Fintech

Payflow

www.payflow.es ↗ ·Madrid ·Series B

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).

Founded
2020
Founders
2
News
5
Rounds
9
Investors
15

Profile updated 26 Jul 2026

Founders

Avinash Sukhwani
Co-founder
Benoit Menardo
Co-founder

Global models 5

DailyPay
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
Wagestream
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
Payactiv
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
Branch
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
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

Investors 15

Funding rounds 9

Series B · €2M
Spanish earned-wage-access fintech Payflow extended its 2025 round with €2 million from Swiss family office Wille Finance, the sole investor…
2025-10-13
Other · €10M
Earned-wage-access and flexible-compensation fintech Payflow raised €10M in a round fully backed by German fund Cusp Capital, which becomes …
2025-06-02
Series A · €6M
Barcelona fintech Payflow, which offers on-demand access to already-earned salary and flexible benefits, raised a €6M Series A extension co-…
2024-07-24
Debt · €20M
Earned-wage-access fintech Payflow signed a financing agreement of up to €20M with BBVA Spark, provided as debt through BBVA's Fence platfor…
2023-09-18
Other
GED Capital entered the capital of on-demand-salary fintech Payflow through its venture arm GED Conexo Ventures, alongside retailer Mango; t…
2023-03-10
Series A · $9.1M
Barcelona-based earned-wage-access fintech Payflow raised a $9.1M (around €8M) Series A co-led by Seaya Ventures and Cathay Innovation's C. …
2022-01-17
Debt · €1M
Payflow, a Barcelona salary-on-demand app, raised a €1M debt round from Financière Saint James, the family office of a leading French angel …
2021-06-16
Seed · €400K
Payflow's app lets employees draw salary they have already earned. It added €400,000 to its first round, which brings the seed total to abou…
2021-02-04
Seed · €1.6M
Payflow runs an app that lets employees draw the part of their salary they have already earned before payday. It closed its first round of €…
2020-07-16

News & media 5

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