PayoutLock
@payoutlock.com
PayoutLock schedules, holds and releases marketplace payouts on SEPA, Faster Payments and ACH, then reconciles each transfer against a double-entry journal.
PayoutLock's Company Logos
PayoutLock's Brand Colors
Hex Code
Color name
RGB
HSL
CMYK
#7C2130
Crown of Thorns
124, 33, 48
350, 58, 31
0, 73, 61, 51
#161A22
Mirage
22, 26, 34
220, 21, 11
35, 24, 0, 87
#94C8EB
Cornflower
148, 200, 235
204, 69, 75
37, 15, 0, 8
About PayoutLock
PayoutLock is a dynamic fintech company founded in 2019 with headquarters in Amsterdam and New York. The company specializes in streamlining payout scheduling, release control, and reconciliation processes for businesses, particularly in the marketplaces, staffing platforms, and creator payout sectors. With a dedicated team of 41 professionals, PayoutLock focuses on building solutions that bridge the gap between earned seller balances and settled bank transfers, thereby eliminating the challenges of traditional reconciliation methods.
The company emerged from the founders' experiences in payout operations at a Dutch rental marketplace, where inefficiencies in processing led to significant financial losses. PayoutLock offers features such as double-entry journals, trial balance, and seamless export integration with accounting platforms like NetSuite, Xero, and Sage Intacct. Their commitment to quality service is underscored by a transparent approach to incident management and a strong emphasis on security. Funded by notable investors including Northzone and Peak, PayoutLock continues to innovate without plans to become a bank, focusing solely on enhancing financial operations for their clients.
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Finance
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