Paytrack raises $40M Series B led by Riverwood Capital

Brazilian corporate travel and expense management platform Paytrack raised $40M in a Series B round led by Riverwood Capital.

Paytrack simplifies travel and expense management for businesses by integrating payment solutions, automating workflows, and centralizing expense tracking on a single platform.

Paytrack plans to use the funds to accelerate product innovation, integrate new payment solutions, and expand into international markets.