Mazepay A/S

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Mazepay A/S - overview

Established

2018

Location

-, -, Denmark

Primary Industry

Financial Services

About

Founded in 2018 by Dan Kortegaard Nielsen (COO), Søren Aabel Hammer (CEO), and Thomas Dragsbæk (CTO), and based in Aarhus C, Denmark, Mazepay A/S operates as a fintech company that provides payment and processing software that facilitates B2B (business-to-business) transactions. In February 2023, Mazepay A/S raised EUR 4 million in growth capital funding led by investor Scale Capital, with participation from Hambro Perks. The firm’s clients include Polestar, Sweco, Configit, Advania, B/S/H, and Orsted and some of the firm’s partners include Eurocard, AirPlus, Nordea, and Mastercard and other commercial banks and suppliers. As of February 2023, the firm offers services to customers in 21 countries across 5 continents and employs a team of 28 people.


The company provides virtual cards that allow for one-time payments for employees as well as recurring payments for various subscriptions and suppliers. Furthermore, the company's platform integrates with a company's existing system to provide automated invoice management, spend management, and audit trailing and tracking. The company intends to use the February 2023 funding to expand its business across Europe.


Current Investors

Scale Capital, Salica Investments, Outward VC

Primary Industry

Financial Services

Sub Industries

Accounting Services, e-Financial, Application Integration Software

Website

www.mazepay.com

Verticals

FinTech

Company Stage

Growth Stage/Expansion

Total Amount Raised

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