For many businesses, commerce is becoming a more global operation. With this developing marketplace comes an increasing number of potential payment methods, and constantly evolving regulatory landscape. This makes the merchant's operations far more complex. Payrails understands the frustration associated with the enormous efforts and time required to simply accept payments or create new experiences for customers - so the company was founded in an attempt to build a better solution.
The cloud-native payment operating system streamlines payment acceptance. The platform allows you to integrate new payment integrations, design customer payment experiences and ease the movement of money, targeting the biggest problem areas that are identified.
The company was initially backed by Andreessen Horowitz and has since acquired a seed extension for its efforts. The digital payments market is projected to double over the next decade so it’s an affluent space to be a part of for the scaling FinOps platform. The company aims to continue to address the market gap by offering a comprehensive solution tailored to the needs of high-growth businesses.
Steph
Company Specialist at Welcome to the Jungle