Google backed Dutch PayTech

Payaut is an automated, PSD2-compliant payment solution for online marketplaces that takes care of everything related to payments to the platform and sellers on the platform. Founded in 2019, Payaut provides an automated payment solution for online platforms and marketplaces.

The fintech enables online marketplaces to pay their sellers seamlessly and ensure compliance while remaining flexible in which payment providers they use.

The fintech company also offers automated solutions such as reconciliation, balance management, invoicing, and vendor verification through KYC checks and split payments, while remaining compliant with laws such as PSD2.

In November 2020, the company raised over three million US dollars (2.65 million euros) in a seed financing round and another 8 million US dollars in 2022 from Google.

Payaut is backed by renowned business angels from Adyen and Mollie as well as leading European VC funds such as LocalGlobe (Robinhood, TransferWise, Cazoo), Entrée (Cazoo, Gusto, Monday), and Finch Capital (BUX, Hiber, Fixico).

Payaut was founded  by Ernst van Niekerk (Linkendin) and Gillis Haasnoot (Linkendin).

We rate the company on Green.

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