FundedIQ
Financial Services

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.com LinkedIn Aarhus, Denmark 11-50 employees
B2B Financial Services Information Technology Procurement Finance Payments Enterprise software Card acquiring
Total raised
$4.3M
Rounds
1
Latest
Seed
Feb 2023

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

Total funding raised
$4.3M
across 1 round on record
Funding rounds on record
1
Latest funding round
Seed
$4.3M in Feb 2023
Employees
11-50
reported band
Headquarters
Aarhus, Denmark

Latest funding round on record: Feb 2023.

Mazepay Funding Rounds

Date
Round
Amount
Seed
$4.3M

Mazepay Founders and Leadership Team

Name
Role
Contact
Thomas Dragsbaek
Founder

No contact details are on record for this team yet.

Mazepay Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
371
$3.8M
16,485
$3.1M

Mazepay's latest round of $4.3M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Mazepay in Financial Services and Aarhus

Companies Similar to Mazepay

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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