What does Payhawk do?

Payhawk is a global financial technology company that specializes in AI-native spend management solutions for businesses. Founded in 2018 in Sofia, Bulgaria, and now headquartered in London, the company has quickly established itself as a leader in the corporate finance sector. Payhawk became Bulgaria's first unicorn in 2021, achieving a valuation of $1 billion after raising significant funding from notable investors. The company offers an all-in-one, cloud-based spend management platform designed to automate financial processes. Key features include a global money account for real-time visibility over spending, smart corporate cards with customizable limits, and automated expense management that utilizes AI for data extraction and categorization. Payhawk also integrates seamlessly with accounts payable workflows and provides mobile and web applications for easy access. Targeting mid-market and enterprise clients across 32+ countries, Payhawk helps businesses streamline their financial operations while maintaining strict control over spending.