Six months ago, Ernst van Niekerk – a former product manager at Adyen – announced the launch of his new startup Payaut on LinkedIn. “Today, we are live with three launching customers, and ready to take over the world of platforms. We offer state-of-the-art onboarding, payouts and flexibility to use any payment provider,” he mentions in his LinkedIn post.
The new kid on the Dutch fintech block has big plans to scale rapidly. “We want to scale up rapidly and grow to $300 million in processed payments by 2021,” says van Niekerk. In order to achieve this goal, Payaut has recently raised over $3M (€2.65M) in a seed-funding round.