Payhawk

Payhawk is a spend management company founded in 2018 in Bulgaria by Hristo Borisov, Konstantin Dzhengozov and Boyko Karadzhov, now headquartered in London with offices in New York, Amsterdam, Barcelona, Berlin, Munich, Paris, Sofia and Vilnius. It serves mid-market and enterprise groups whose card spend, supplier invoices, travel bookings and purchase approvals are split across several legal entities, countries and currencies.

Payhawk is a Visa principal member and issues its own corporate cards: in the United Kingdom through Payhawk Financial Services Limited under an electronic money licence, in the EEA through Payhawk Financial Services UAB, and in the United States through Cross River Bank, with JP Morgan supplying global payment infrastructure. Modules cover cards, expenses, accounts payable, business travel, procurement, budgets, multi-entity consolidation, EU eInvoicing and AI agents for workflow orchestration, with two-way ERP sync to NetSuite, Microsoft Dynamics 365, Sage Intacct and Workday. The company reports over 6,000 corporate customers, 115 currencies and more than 150 countries covered.

1. Visa issuing: principal member of Visa, issuing its own physical and virtual corporate cards through UK, EEA and US entities.

2. Regulated entities: UK electronic money licence, Payhawk Financial Services UAB for the EEA and Cross River Bank for the United States.

3. Multi-entity control: budgets, approval flows and consolidated reporting across subsidiaries, 115 currencies and more than 150 countries.

4. Invoices and travel: accounts payable processing and in-platform business travel booking governed by the same policy engine.

5. ERP sync: native two-way integration with NetSuite, Microsoft Dynamics 365, Sage Intacct and Workday.

6. Payment rails: global payments delivered with JP Morgan; more than 6,000 corporate customers.