Payhawk: Barcelona’s Fintech Powerhouse in Spend Management
Payhawk is a leading global spend management solution with a significant presence in Barcelona, offering innovative tools that help businesses automate and control company spending at scale. With its cutting-edge technology, Payhawk streamlines expense management, corporate cards, invoices, and payments into a unified platform, empowering finance teams to boost efficiency and maintain complete visibility over business expenses.
Company History
Founded in 2018 in Sofia, Bulgaria, by Hristo Borisov, Boyko Karadzhov, and Konstantin Dzhengoov, Payhawk set out with a bold vision: to become the world’s largest bank without holding a single cent. The company quickly expanded across Europe and beyond, establishing offices in key cities including London, Berlin, Paris, Amsterdam, New York, Vilnius, and Barcelona. Since entering the Spanish market in 2020, Payhawk has rapidly gained traction, attracting notable clients such as Fagor, Wallbox, Avoris, Decathlon, Paack, and Terratest. The company has raised over $240 million from renowned investors, fueling its global expansion and product innovation.
Barcelona Office Address
Payhawk’s Barcelona office is located at:
> Carrer de Pere IV, 64, Sant Martí, 08005 Barcelona, España
Yearly Local Revenue
As of 2024, the Spanish market accounts for approximately 20% of Payhawk’s global business. While exact local revenue figures are not publicly disclosed, the company reported a 114% year-on-year consolidated revenue growth for 2023, reflecting its strong performance and rapid adoption in Spain and across Europe.
Payhawk Summary
Payhawk stands out as a Barcelona-based fintech leader, delivering comprehensive spend management solutions to medium and large enterprises. By automating manual processes and integrating all expense-related activities into a single ERP experience, Payhawk enables CFOs and finance teams to achieve maximum control, efficiency, and agility. With a growing client base and a strong commitment to innovation, Payhawk continues to shape the future of business payments in Spain and beyond.
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