Mazepay: Funding, Investors & Team (Sep 2026)
WHY MAKE PROCUREMENT MORE DIFFICULT WHEN IT IS COMPLEX? Our goal is uncomplicated and clear. We want to completely redesign B2B payments and procurement. We assist finance and procurement experts in cutting the tail of long-tail procurement by introducing smarter software. Reduce the expense that follows by using conventional indirect spend in turn. The foundation of Mazepay is the conviction that large companies' indirect buying strategies may be greatly enhanced. Our mission is to help businesses create sustainable enterprises where procurement is viewed as a business enabler that boosts productivity, encourages expansion, and provides financial stability. Along with top European banks and Mastercard, Mazepay is introduced to the market.
Mazepay has raised $4.3M across 1 funding round on record, the most recent a Seed of $4.3M announced in Feb 2023.
That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Mazepay Company Profile and Key Stats
Latest funding round on record: Feb 2023.
Mazepay Funding Rounds
Mazepay Founders and Leadership Team
No contact details are on record for this team yet.
Mazepay Funding Compared to Other Financial Services Startups
Mazepay's latest round of $4.3M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Mazepay Funding FAQs
What does Mazepay do?
WHY MAKE PROCUREMENT MORE DIFFICULT WHEN IT IS COMPLEX? Our goal is uncomplicated and clear. We want to completely redesign B2B payments and procurement. We assist finance and procurement experts in cutting the tail of long-tail procurement by introducing smarter software. Reduce the expense that follows by using conventional indirect spend in turn. The foundation of Mazepay is the conviction that large companies' indirect buying strategies may be greatly enhanced. Our mission is to help businesses create sustainable enterprises where procurement is viewed as a business enabler that boosts productivity, encourages expansion, and provides financial stability. Along with top European banks and Mastercard, Mazepay is introduced to the market.
How much funding has Mazepay raised?
Mazepay has raised $4.3M across 1 round on record. The most recent is a Seed of $4.3M announced in Feb 2023.
When did Mazepay last raise funding?
Mazepay's most recent funding round on record is a Seed of $4.3M, announced in Feb 2023.
Who founded Mazepay?
FundedIQ lists Thomas Dragsbaek (Founder) at Mazepay.
Where is Mazepay headquartered?
Mazepay is based in Aarhus, Midtjylland, Denmark.
How many employees does Mazepay have?
Mazepay is in the 11-50 employee band.
How does Mazepay's funding compare to other Financial Services startups?
Mazepay's latest round of $4.3M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's Mazepay Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Mazepay is left off this page rather than filled in.
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