• 4 MIN READ
Year in a Review: Payrow’s Results for 2022
December 30, 2022
At the end of the year, we all mentally look back, analyze successes and failures, and evaluate them. Today, we are very excited to share Payrow’s annual results for 2022. We would like to provide all our users with information about the company’s progress so that they can learn a little more about what we do.
We are sure that the new year will bring us a lot of new challenges, but to assess the likelihood of success, we need to look at what we have achieved so far. Experience and overcoming difficulties can say a lot about a company and the team behind it.
The year 2022 was definitely an enormous transition for us since this year, we started working with you, our users. Until the summer of 2022, Payrow was at the stage of real testing, which meant that the payment system was tested only by a closed group. But this year has brought big changes.
For six months, we have been providing financial services to British companies from different sectors and business categories. Our team and customer base are growing every month. At Payrow, we are very proud of this fact, and we know that this would not be possible without you, so thank you!
Our vision has become clearer and more achievable: we will continue to provide startups, online businesses, and medium and small companies with business automation services. We not only offer a means of payment but also simplify financial reports, regulate cash flow, and create invoices with automation tools. We strive to provide the largest number of business services possible in one place. As planned, Payrow has implemented the latest technologies, improved and added new in-demand solutions, and developed instruments that help users manage their funds seamlessly.
What Did We Offer Users in 2022?
— We provide invoicing services
Payrow tools for business automation simplify the invoicing process. Our users can create invoices and send them to customers directly from their Payrow accounts.
— Customers have paperless flexible account statements
Payrow clients receive detailed information about payments and can download data for selected periods in a convenient format.
— We offer business automation solutions
Payrow allows clients to save time and avoid any human mistakes with the help of automated management and accounting services.
— We offer a smart onboarding process for clients
We know that time is money, and if the firm decides to go for business automation, a simple and fast login process is valuable. Payrow customers can complete KYC and KYB verification online in one day. There’s no need to come in person; we offer all services online.
— Users can make SEPA transfers
Businesses can operate in several countries and have remote employees all over the world. We help users make money transfers in the Eurozone and abroad in just two clicks.
— We ensure enhanced security for all transactions
We believe that advanced security measures are vital. After installation, Payrow provides full protection of funds and transactions thanks to modern security protocols and reliable data encryption.
Selected 2022 Highlights
In 2022, we announced services for enterprises with a complex ownership structure. Traditional banks and fintech firms, unfortunately, don’t like to work with startups. Unlike them, Payrow welcomes enterprises with a complex ownership structure. We know how to deal with all the documents, and we have a team that has more than 30 years of experience working with companies of this kind in corporate and fintech environments.
Payrow has also launched helpful customer support. Whenever you have a question, our team will help you to find a solution.
We consider our social networks and blog to be important achievements this year. Here we share useful information and unique insights about business in the UK. We are glad that you are reading our articles and posts!
What Do We Want to Achieve Next?
Our goal for tomorrow is to develop up-to-date fintech services:
- To issue cards with the possibility of contactless and cashless payments;
- To ensure instant money transfers;
- To issue Mastercard corporate debit cards;
- To launch lending services;
- To improve our tax automation and payroll services.
The tradition of summing up the results of the year is important for both startups and large corporations, as the analysis allows one to update goals and objectives, adjust strategy, and see the overall picture of the company’s performance, which is usually hidden behind routine tasks. We believe that the future is bright, so never let daily difficulties darken your outlook. Happy New Year! We wish you prosperity and only the best services for your business.
Yours, Payrow
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