Paydock

Overview
News
FinTech Infrastructure?
Product stageSegments
Early
?
Payment and subscription management
?

UK-based Paydock offers an API-based payment orchestration platform for banks and merchants to manage payment processes and providers. The orchestration platform enables users to add payment service providers (PSPs), buy-now-pay-laters (BNPLs), alternative payment methods, local payment methods, and fraud prevention solutions, among others. Paydock offers a universal SDK and reporting dashboard to manage payment providers and simplify payment flows, which can be reportedly connected with existing FinTech and payment systems.


Paydock aims to differentiate itself from other orchestration platforms by letting users build payment routing solutions through a drag-and-drop interface. It also focuses on closing common security gaps in payment orchestration, while its API stack is reportedly auditable and traceable.

Key customers and partnerships

The platform caters to several customers including large global companies such as the Commonwealth Bank of Australia, Coles, and the UN High Commissioner for Refugees (UNHCR).


Funding and financials

Paydock raised GBP 25 million (~USD 31 million) in Series A funding in May 2023 from Silverstripe Investment Management Ltd. to invest in recruitment, expanding its tech offering, and increasing its customer base.

HQ location:
20-22 Wenlock Road London GBR
Founded year:
2012
Employees:
51-100
IPO status:
Private
Total funding:
USD 31.0 mn
Last Funding:
USD 31.0 mn (Series A; May 2023)
Last valuation:
-
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