Andreessen Horowitz is leading a $6.4 million seed funding round into Berlin-based Payrails, and is joined by other backers including HV Capital and Delivery Hero SE Chief Financial Officer Emmanuel Thomassin, according to a statement Thursday.
Payrails is led by Chief Executive Officer Orkhan Abdullayev, who was vice president of fintech at Delivery Hero. Founded late last year, the startup is building out a platform to provide enterprise companies with infrastructure that knits together different payments technologies across geographies and offer performance tracking with analytics.
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