Fundraising Fox

Payflow

YC S21 ↗

Madrid, ES · Founded 2020 · Delaware corporation · 50 employees · 11 known investors

payflow.es ↗

Payflow is a financial wellness platform for employers that enables employees to access earned wages on demand instantly and provides flexible compensation benefits through a mobile app and card. The platform serves companies looking to improve employee retention and reduce payroll processing costs.

Enterprise SoftwareFintechHR TechSaaSLendingin /payflow-es/@payflow_esycombinator.com ↗

Founders & leadership· Y Combinator alumni (S21)

ASAvinash Sukhwai
Avinash Sukhwaiin𝕏Founder
BMBenoit Menardo
Benoit Menardoin𝕏Founder
CA
Cedric AsselmanDirector
AS
Avinash SukhwaniExecutive Officer, Director
EF
Elisabet Faus MorrosDirector
BM
Benoist MenardoExecutive Officer, Director

Investors · 11

Carolus InvestBarcelona
Cathay InnovationParis · $5M – $40M
Cats.vc$200K – $500Kvia Yakov Kop · inferred
Cusp CapitalEssen · $7.6M
E14 FundCambridge · $1M – $5M
Extension FundMadrid
Rocket Internet SEBerlin
Sprint VcBangalore · $300
The E14 FundCambridge · $1M – $5M
Thomson Reuters VenturesNew York
Y CombinatorSan Francisco · $500K

Reported raises · per SEC filings

Form D private placements
▶$18.9MraisedSep 2025 · 51 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Cedric AsselmanDirector
  • Avinash SukhwaniExecutive Officer, Director
  • Elisabet Faus MorrosDirector
  • Benoist MenardoExecutive Officer, Director
Offering amount
$19.4M
Amount sold
$18.9M
First sale
May 2025
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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