Payhawk raises $112 million in the second largest Series B in Central and Eastern Europe

Payhawk, the payments and expense solution with offices in London, Sofia, Berlin and Barcelona, has raised $112 million just 3 years after its inception, valuing the company at $570m. The Series B round is led by the San Francisco-based investor Greenoaks, who has a strong track record of investing in high-growth technology companies such as Gorillas, Robinhood, Stripe, Checkout.com and Brex. All existing investors, including QED Investors, Earlybird Digital East and Eleven Ventures are participating in the round.

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