# Payhawk **Type:** [[Spend Management]] · [[Issuing]] · AP Automation **Archetype:** [[eu-sme-fintech-market-map|Issuing-led]] **HQ:** London, UK · EU entity: Sofia, Bulgaria **EU licence:** FCA (UK) + regulatory presence in multiple EU markets **Founded:** 2018 **Target:** Mid-market companies (50–5,000 employees), finance teams, CFOs --- Payhawk is a spend management and corporate card platform aimed at mid-market companies. It competes with Pleo at the upper end of SME and with Expensify / SAP Concur in the enterprise-adjacent segment. Its differentiation is AP automation depth: Payhawk handles not just card spend but the full accounts payable workflow — supplier invoices, approvals, payment, and ERP sync. **Core products:** - Corporate debit and credit cards (physical + virtual) — issued in EEA - Spend controls — category locks, per-card limits, spend policies - Invoice management — capture, approval, and payment of supplier invoices - Expense reimbursements - ERP and accounting integrations — SAP, Oracle NetSuite, Microsoft Dynamics, Xero, Sage, QuickBooks, DATEV - Cash management — multi-currency wallet **Key differentiator vs Pleo:** Deeper ERP integration and AP automation; designed for finance teams managing complex workflows, not just giving cards to employees. **Connected:** [[Issuing]] · [[eu-sme-fintech-market-map]] · [[Pleo]] · [[DATEV]] · [[PSD2]] · [[qonto-pi-case-study]] *FintechGraphs · [[about|Who we are]]*