Paymove Sp. z.o.o.

Paymove Sp. z. o. o.

, based in Poland, specializes in innovative QR code payment solutions that enhance transaction efficiency in public spaces, facilitating seamless payments for services such as parking and public transport. Founded in 2022 and headquartered in Sopot, Poland, Paymove Sp. z. o.

o. provides a unique payment platform utilizing QR code technology. The company has engaged in one deal, raising EUR 2. 12 mn in Seed funding on June 10, 2026, led by 4growth VC with participation from Kogito Ventures.

The founder’s history is not specified, and there are no known subsidiaries or significant changes in business strategy to mention. Paymove offers an innovative payment solution that leverages QR code technology to facilitate transactions in various public spaces. Their core product enables customers to make payments for services such as parking, public transport, and entry fees to attractions, all through a simple QR code scan. This system enhances payment efficiency, allowing businesses to receive funds quicker, and often reports a 15% increase in revenue collection speed post-implementation.

Paymove primarily serves municipalities and businesses across urban areas globally, aligning its services with the Smart City initiative framework. Paymove's revenue model is based on transaction-based services for both B2B and direct-to-consumer markets. The company earns revenue through partnerships with municipalities and private businesses adopting their QR payment systems, facilitating a seamless payment experience. Clients in public transportation and parking services can implement Paymove's QR code solutions, allowing customers to pay tickets via mobile devices without traditional point-of-sale systems.

Revenue is generated through transaction fees charged to business clients, creating a sustainable income stream linked directly to the adoption of their technology. Following its Seed funding of EUR 2. 12 mn on June 10, 2026, led by 4growth VC, Paymove plans to utilize the investment to expand into Western Europe, specifically targeting Spain, Portugal, and Italy. The funding will also support the development of an Agentic AI payment infrastructure, enhancing their service offerings and market reach.