Introducing Payrow, the fintech that helps SMEs optimize costs
Payrow, a new UK fintech, has announced the rollout of services to support entrepreneurs and help them build their freelance services and businesses by providing access to relevant, affordable and paperless global money management tools.
Payrow’s mission is to increase the number of entrepreneurs in the UK and enable startups to develop with minimal barriers. Contractors in the UK have a lot on their hands, including huge amounts of routine accounting work, invoicing and paying bills, payroll, accounting and tax reporting, refunding purchases and much more.
Not only are these processes long and difficult, but they are also expensive, with specialists such as accountants and lawyers charging a pretty penny for their services.
These costs are a particularly heavy burden for small businesses and freelancers, as well as for new businesses just entering the market. Payrow has made it its mission to solve these problems.
Payrow helps its customers automate their business and accounting processes with the following services:
— Paperless statements
Customers receive detailed information about payments and can download data for selected periods in a convenient format.
— External account opening
Clients can complete KYC and KYB processes online in one day. You don’t have to show up in person – Payrow offers a hassle-free account opening service wherever you are.
— Billing service
Payrow simplifies the invoicing process for businesses. Customers can create invoices and send them to customers directly from their Payrow accounts.
— Expenditure control
Allows you to save time and avoid errors with automated accounting and administration services.
— Local and international transfers
Make eurozone and international money transfers with two clicks.
— Support for businesses with complex ownership structures
Traditional banks and fintech firms tend to be reluctant to work with companies with complex ownership structures. Even when working with these companies, on the customer side, you will often experience very long waiting times and mountains of paperwork.
Leveraging its strong market experience, Payrow is ready to onboard these types of businesses. With a team of experts specializing in handling such businesses and strong KYC processes, Payrow can efficiently upload the required number of beneficiaries during business registration and easily provide all necessary banking services from day one.
— Advanced security for all transactions
Once created, Payrow offers full protection of funds and transactions thanks to the most up-to-date security measures.
— No hidden fees
Payrow guarantees transparent prices and no hidden fees on international payments.
— 24/7 customer support
Payrow offers 24/7 support, so you’ll never end up in a bad situation with no way to fix it, no matter what time it is or where you are.
The features above are just some of the features that set Payrow apart from other services and make it perfect for building your business.
Payrow helps clients build their businesses and improve financial performance. The platform offers practical functionality for freelancers, retail businesses, HoReCa, e-commerce specialists and more. Its optimized financial workflows support all phases of the business cycle.
Sponsored by Payrow.
