What Does Paynetics Do?

Total employees125
HeadquartersSofia
Founded2005

Paynetics is an EU-licensed e-money institution (EMI) headquartered in Sofia, Bulgaria, with a significant presence across Europe. The company specializes in providing comprehensive end-to-end payment solutions and Banking-as-a-Service (BaaS) to businesses of all sizes. Paynetics empowers corporates, fintechs, and marketplaces to integrate financial services seamlessly into their offerings. Their core services include physical and virtual card issuing (Visa and Mastercard), payment acquiring, IBAN accounts, e-wallets, and advanced embedded finance solutions. By focusing on flexibility, scalability, and regulatory compliance, Paynetics enables clients to innovate rapidly, enhance customer experiences, and expand their market reach in the evolving digital economy.

Where Is Paynetics's Headquarters?

HQ Function

The Sofia headquarters is the nerve center for Paynetics's global operations. It houses the executive leadership, core product development teams, technology infrastructure management, compliance, legal, and strategic planning functions.

Notable Features:

While specific architectural details are not widely publicized, Paynetics's HQ is expected to feature modern office amenities, collaborative workspaces, and advanced technology infrastructure conducive to a fintech company's operational needs.

Work Culture:

The work culture at Paynetics HQ is characterized by innovation, agility, and a strong customer focus. Employees experience a dynamic fintech environment that encourages collaboration, problem-solving, and continuous learning to drive the future of payments.

HQ Significance:

The Sofia headquarters is crucial as it anchors Paynetics's European operations, leveraging Bulgaria's skilled tech talent and strategic geographical position. It serves as the primary base for developing and deploying its advanced payment solutions across the EEA and beyond.

Values Reflected in HQ: The headquarters' setup aims to reflect Paynetics's core values of innovation, technological excellence, security, and client-centricity through its operational efficiency and collaborative environment.

Location:

Paynetics has a strong operational presence across Europe, with its e-money license passported throughout the European Economic Area (EEA). They support businesses globally by offering multi-currency IBANs, international card issuing (physical and virtual), and cross-border payment acquiring services. Key functions supported globally include enabling companies to launch and manage their own financial products, process payments efficiently, and expand their services internationally through a comprehensive suite of Banking-as-a-Service and embedded finance solutions.

Street Address:

76A James Bourchier Blvd, Ground Floor

City:

Sofia

State/Province:

Sofia City Province

Country:

Bulgaria

Where Else Does Paynetics Operate Around the World?

London, United Kingdom

Address: 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom

To expand Paynetics's presence in the highly competitive UK financial market, offer tailored BaaS and payment solutions to UK businesses, and leverage London's status as a global financial center.

Milan, Italy

Address: Via Timavo, 34, 20124 Milan MI, Italy

To strengthen Paynetics's foothold in Southern Europe, addressing the unique payment needs of Italian enterprises and fostering innovation within the local financial ecosystem.

Madrid, Spain

Address: Paseo de la Castellana 95, Planta 15, Edificio Torre Europa, 28046 Madrid, Spain

To cater to the expanding Spanish market, offer innovative payment infrastructure to local businesses, and enhance Paynetics's service delivery capabilities in Southwestern Europe.

Brussels, Belgium

Address: Avenue Louise 54, Room S52, 1050 Brussels, Belgium

To facilitate dialogue with EU institutions, ensure alignment with European regulatory frameworks, and support clients and partners in Belgium, Netherlands, and Luxembourg.

Buying Intent Signals for Paynetics

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Paynetics? Meet the Executive Team

As of April 2025, Paynetics' leadership includes:

Ivo Gueorguiev - Co-Founder & Executive Chairman
Valeri Valtchev - Co-Founder & CEO
Antonina Martinova - Chief Product Officer
Miroslav Bojilov - Chief Technology Officer
Anna Tunique - Chief Commercial Officer
Mike Peplow - CEO, Paynetics UK

Who's Investing in Paynetics?

Paynetics has been backed by several prominent investors over the years, including:

Worldline
BlackRock (via Tennenbaum Capital Partners)

What Leadership Changes Has Paynetics Seen Recently?

Hire1
Exits0

Paynetics continues to strengthen its leadership team across its group to support ongoing expansion and innovation. In the last 12 months, key appointments have been made within its group companies, such as the new CEO for phyre. The core C-suite leadership at Paynetics AD has maintained stability, focusing on strategic growth initiatives.

New Appointments:

Ian Clowes, Ian Clowes was appointed CEO of phyre, Paynetics's B2C digital payments solution, to spearhead its strategic development and market expansion.

What Technology (Tech Stack) Is Used byPaynetics?

Discover the tools Paynetics uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Paynetics Email Formats and Examples

Paynetics typically uses standard professional email address formats for its employees. The most common format is likely [first].[last]@paynetics.digital. Variations such as [first_initial][last]@paynetics.digital might also be in use.

[first].[last]@paynetics.digital

Format

john.doe@paynetics.digital

Example

85%

Success rate

What's the Latest News About Paynetics?

FinextraMarch 26, 2024

Paynetics appoints Ian Clowes as CEO of phyre

Paynetics announced the strategic appointment of Ian Clowes as the new Chief Executive Officer of phyre, its B2C digital payments solution. Clowes brings extensive experience in the payments industry and is tasked with leading phyre's next phase of growth and innovation....more

Paynetics Official Website NewsSeptember 26, 2023

Paynetics and Weavr Partner to Simplify Embedded Finance for UK Businesses

Paynetics formed a strategic partnership with Weavr, an embedded finance platform, to enable UK businesses to more easily integrate financial services directly into their existing products and customer journeys. This collaboration aims to make sophisticated embedded finance solutions more accessible....more

The PaypersJuly 11, 2023

Paynetics teams up with Mastercard to help corporates issue their own cards

Paynetics announced a collaboration with Mastercard to enhance its card issuing capabilities. This partnership empowers corporate clients to launch and manage their own branded card programmes with greater efficiency, flexibility, and control over their payment solutions....more

Highperformr's free tools for company research

Explore Employees by Region or Country

See where a company’s workforce is located, by country or region.

View Funding Details

View past and recent funding rounds with amounts and investors.

Understand Revenue Insights

Understand company revenue estimates and financial scale.

Track Active Job Openings

Track active roles and hiring trends to spot growth signals.

Review Product and Offerings

Discover what a company offers—products, platforms, and solutions.

Get SIC or NAICS Codes

Get the company’s official SIC and NAICS classifications.

Analyze Website Traffic Trends

Analyze visitor volume, engagement, and top traffic sources.

Discover Social Profiles and Engagement

Explore LinkedIn, Twitter, and other active social profiles.

Identify Top Competitors

Identify top competitors based on similar business traits.

Research and Discover Companies with Highperformr — Smarter, Faster

Explore companies in depth — from the tech they use to recent funding, hiring trends, and buyer signals — all in one powerful view.

Highperformr AI helps you surface the right accounts and enrich your CRM with verified company and contact insights, so your teams can prioritize and engage faster.

  • Track intent signals to find buyers who are actively in-market
  • Enrich contacts and companies instantly, no need to switch tools
  • Automate workflows to stay ahead of every change
  • Connect your CRM & tools for seamless data sync and activation

Thousands of companies, including Paynetics, are just a search away.