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Paydock
Payment orchestration platform
- 21-100 employees
- Fintech
- B2B
- Payments
- SaaS
- London, UK
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Company mission
Paydock's mission is to provide sophisticated merchants with the ability to better manage their customers and payment systems and increase profit.
41% employee growth in 12 months
Our take
Paydock is a payments orchestration platform focused on reducing the substantial cost and effort within a merchant’s payments experience. Paydock helps to reduce compliance, technical, and administrative costs, improving the overall payment experience through a set of supportive tooling to remove friction and inefficiency. The result is increased revenue associated with a lower overall cost.
Rob, the Founder and CEO of Paydock, has spent his career consulting for digital merchants who take payments, and discovered that they were drowning in costs and losing control of their customers while they tried to work with the different payment services that are available in the market. Re-empowering the merchants to manage their payment services without being trapped was a big opportunity in the market.
Paydock exists in a crowded market of payment tools for businesses, competing with industry behemoths like Chargebee, Clearpay, and Klarna - one of Europe's fastest growing Unicorns. That said, by leveraging their differences – namely the fact they are fully interoperable and work all the way from the client-side SDK through to card networks and schemes themselves – Paydock may be able to grasp a key position of this growing industry.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Regular company away days and social events
- Share options
- Flexible working: We have a fantastic communal office space in London but we encourage a healthy WFH/WFO balance. Just let us know!
- Friday need-to-know drinks and snacks
- Company contributions towards your pension
- 25 days of paid annual leave (33 days including bank holidays)
- Up to 10 days of paid sick leave (including mental health days) per year
Company values
- Opportunity - We create and seize opportunities. Every moment, interaction, click, word, decision presents an opportunity. At Paydock we are committed to creating opportunities for customers, staff and community. This will be achieved by what we do (our product) – and how we do it (our team and culture).
- Stewardship - We take responsibility for opportunities. Opportunity presents no value unless stewarded into a meaningful outcome. We believe that since opportunities are unique, each must be made the most of before we can call ourselves successful.
- Mastery - We are world-leaders. In order to succeed in the above, we commit ourselves to mastering our chosen domain – payments. It is our desire that our customers benefit from our mastery.
- Beauty - We want everything we do to be elegant. The result of mastery is always beauty. We believe that beauty in payments, once delivered will enable our customers to craft new and powerful experiences for themselves and their donors and customers.
Funding (1 round)
May 2023
$31.7m
SERIES A
Total funding: $31.7m
Leadership
Rob Lincolne
(CEO)Previously worked as Director of Brown Box, and was an Advisor at Ivy Tech.