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Madrid-based Payflow raises €10 million to expand their Earned Wage Access platform across Europe and LAM

  • Madrid-based Payflow, a FinTech startup, raised €10 million in equity financing to expand their Earned Wage Access platform.
  • The funding round was led by Cusp Capital, making them the investor with the highest stake in Payflow. The total equity raised now stands at €24 million, with an additional €27 million in debt financing.
  • Payflow, founded in 2020, offers a B2B SaaS solution to employers for a fixed monthly fee, allowing employees to access their earned salary and utilize various financial benefits.
  • The company aims to be a market leader in Spain and Latin America, with a growing client base that includes well-known brands. They have also introduced a new product, Flexflow, to further enhance employee benefits.

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