Bulgaria’s Payhawk opens office in Warsaw
Bulgarian fintech Payhawk is opening its 10th office in Warsaw, where it plans to hire a four-person sales team. The company already serves about 100 Polish businesses, a customer base that grew 30% over the past year. Its corporate finance platform manages employee spending, invoices, payments and budgets. Payhawk plans to tailor the product for Poland with PLN accounts and cards, Polish IBANs, Polish-language support, KSeF invoice integration and connections to local accounting software.
The company surpassed $100 million in annual recurring revenue (ARR) in July 2026 and aims to reach $1 billion by 2030, with Poland expected to contribute. Payhawk remains unprofitable but says it has sufficient cash. It targets an IPO in five to six years.
(pb.pl)