rise of platforms that manage international payroll56 t Founded 2018 2016 2018 2015 2019 2015 ou b A Geo Germany NYC/Israel San francisco SF SF Estonia Total raised ~$1M $191M $205M $161M $46M $9M g Seed $100M Series C $156M Series C $100M Series C $35M Series A $7M Series A din Last round (May 2019) (Mar-21) (Apr-21) (Apr-21) (Nov-20) un F Greenoaks, Scale General Catalyst, Investors Atlantic Labs Venture Partners, Spark Capital, Sequoia, Stripe, Index, Sequoia, Karma, vc, amongst others Insight, Bessemer A16z Index Ventures, Two Sigma, Leap Ventures amongst others amongst others amongst others amongst others amonst others This market is characterized by extreme complexity of payment see that expenses, however, still remain highly fragmented. types, legal structure, licensing, taxes, and settlement. With this Players tackling these problems are starting to emerge and get level of complexity comes opportunity, as there is signi昀椀cant to scale—a few examples include Tipalti in the enterprise space, dollar value in any market that is managed in in silos. Automation Payoneer for SMBs, and Wise for consumers. started solving for revenue with automated POS systems. We . rise of platforms that manage international payroll or payouts57 Bank transfer iDEAL, SєPA Digital Wallet Alipay, WeChatPay, Grab 77% Cash payment OXXO, Paysafe:cash 23% schemes International Local payment card schemes methods Local card Mastercard, Visa, Bancontact schemes Deferred credit Klarna., Divido schemes DIGITAL PAYMENT ACCELERATION SHARE VISIT PG 38