Paydock secures £25m Series A funding from Silverstripe to scale its payment orchestration platform.
Silverstripe Investment Management led the Series A round to support the expansion of Paydock's payment orchestration infrastructure.
Paydock provides an enterprise-grade payment orchestration platform that connects financial institutions and merchants to diverse fintech systems. The company aims to reduce administrative overhead and security risks associated with multi-vendor payment integrations.
Paydock has secured £25m in a Series A funding round led by Silverstripe Investment Management. The capital will support the company as it expands its payment orchestration platform for financial institutions and merchants.
The London-based business offers an agnostic infrastructure layer designed to simplify payment management and reduce integration friction. Major clients include the Commonwealth Bank of Australia and retailer Coles.
Silverstripe, which has been active in Europe since 2013, backs the firm as part of its strategy to invest in scalable financial technology businesses. The injection of funds will enable Paydock to accelerate its roadmap and widen access for partners.
From the founder
"We are thrilled to welcome Silverstripe to the Paydock story. Having established a deep relationship over the past 12 months, their experience and track record in the finance and tech sector will supercharge our mission to transform the payments sector for the better. We are fully focused now on doubling down on our vision to deliver the world’s best orchestration solution. This funding enables us to accelerate that vision, introduce customers and partners faster and bring forward our ambitious vision of the future in payments."
Rob Lincolne
Founder and CEO at Paydock
Investor perspective
"We are excited to partner with Paydock and support their mission to simplify and streamline payments for businesses around the world. Paydock has developed a powerful platform that offers unparalleled flexibility, security, and reliability. We believe that Paydock is well positioned to capture a significant share of the growing payment orchestration market, and we look forward to working closely with the company’s talented team to help them achieve their goals."
Alex Cuppage
Partner, Silverstripe
