Payrails
Also a provider — view Payrails’s profile →“Can a provider-agnostic orchestration layer become the operating system large enterprises use to run — and monetize — every payment flow?”
Founded2022
HQBerlin, Germany
FoundersOrkhan Abdullayev, Emre Talay, Nicolas (Nico)
Total raised$52.8M+
Latest roundSeries A, 2025
IndustryInfrastructure / Payments
The story
Founded in 2022 by former Delivery Hero fintech leaders who had built an in-house global payments platform serving 70+ countries, Payrails externalizes that thesis: a modular, provider-agnostic payments OS for enterprises. It has expanded from pure payment orchestration into a wider financial infrastructure suite — token vault, reconciliation, chargebacks, payouts, unified analytics, and fee monitoring — and in 2026 leaned hard into AI-native workflows with 'Ask Payrails' as its next positioning bet.
Last 12 months
Product timeline
2022
Payrails founded in Berlin by ex-Delivery Hero fintech leaders to build a payment orchestration platform.· pivot
2025
Raised $32M Series A led by HV Capital to expand orchestration, tokenization, and reconciliation modules across EMEA.· banking
2026
Launched 'Ask Payrails' — AI-native agentic workflows for routing, chargebacks, and reconciliation.· pivot
The stack
5 layers disclosed in Payrails’s embedded-finance stack
Payments / PSP
AdyenStripeCheckout.comBraintreePayPalKlarnadLocalAmazon PayHiPayUnzerGetnetAmerican ExpressTabbyTamara2C2PPayPlugTransbankPagaLeveNMIPayablFawryFlutterwaveGaranti BBVAHyperPayLidioPayUPine LabsTapUnlimitNuveiWorldpayJ.P. MorganMangopayVipps/MobilePayKueskicheckout
Banking / BaaS
in the full report
Card issuing
in the full report
Card network
in the full report
Lending
in the full report
Accounting gap: minor
13 more providers across 4 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.