Berlin-based payment software company Payrails raised $32 million in Series A funding led by HV Capital to expand its modular payment operating system for enterprises. Founded by former Stripe and Delivery Hero execs, Payrails processed over 1 million daily operations in 2024, supports brands like Puma and Just Eat Takeaway, and will use the funds to accelerate product development and international growth following a recent Mastercard partnership.





