Paynest named one of the ‘Europas 100’ hottest startups

Paynest has been named one of “Europe’s 100 Hottest Startups” by The Europas, an initiative founded in 2009 by renowned TechCrunch editor Mike Butcher that identifies and honors the most ambitious and successful tech startups across Europe. This recognition reflects the rapid growth and meaningful impact we’ve achieved over the past year. This acknowledgment is another step in the company’s journey to transforming how companies manage employee finance and financial wellbeing.

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Paynest: Revolutionizing Employee Finance

Paynest is an all-in-one platform designed to help companies retain talent, improve efficiency, and support their employees’ financial wellbeing. By reducing friction around payments—whether it’s payroll, compensation, or expense reimbursements—and providing tools to enhance financial literacy, we empower businesses to focus on their goals while creating a better workplace for their teams.

While awards like The Europas are always a welcome acknowledgment, our team is most proud of what we’ve achieved in the past 12 months. Paynest has grown significantly, and the numbers speak for themselves:

• Raised 2.5M€ in funding, fueling our expansion and product innovation.
• Doubled our team to more than 20 professionals, spread across Lisbon, Barcelona, and remote locations, strengthening our ability to serve customers across Europe.
• Entered 2 new markets, extending our reach and offering localized solutions for clients in Spain and France.
• Selected for elite programs, including the Unicorn Factory Lisboa's Scaling Up Program and the Visa Innovation Program, further validating our impact and potential.

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These milestones demonstrate our commitment to driving meaningful change in how companies approach employee finance.

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