PaymentWorksrevenue
Third Party & Supplier Risk Management SoftwareBoston, MassachusettsFounded 2014CEO Matias Elgart
PaymentWorks is a Third Party & Supplier Risk Management Software company based in Boston, founded in 2014.
PaymentWorks revenue
PaymentWorks has not published its revenue. GetLatka estimates it at about $11.9M a year (October 2024).
All 4 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $4.9M | – |
| Jun 2023 | $12.2MEST. | ZoomInfo estimate |
| Oct 2023 | $7.8MEST. | GetLatka estimate |
| Oct 2024 | $11.9MEST. | GetLatka estimate |
– source not recorded
PaymentWorks competitors
PaymentWorks competes most directly with Tipalti, VendorPm and Business Online Services.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Tipalti | $200M | $749M | 1,150 | 10K | 2010 |
| PaymentWorks | $11.9M | – | 106 | – | 2014 |
 VendorPm | $11.3M | $30.1M | 78 | 600 | 2019 |
 Business Online Services | – | $35M | 132.5K | 6.9K | 1972 |
PaymentWorks CEO, founders & employees
Matias Elgart founded PaymentWorks in 2014 and runs it as CEO. PaymentWorks had 106 employees (December 2024, LinkedIn), up from 85 a year earlier.
- Matias ElgartFounder & CEO
All 6 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2024 | 106 | |
| Oct 2024 | 85 | |
| Oct 2023 | 85 | |
| Oct 2022 | 93 | |
| Dec 2021 | 64 | |
| Apr 2021 | 58 | – |
PaymentWorks FAQ
What is PaymentWorks' revenue?
GetLatka estimates PaymentWorks' revenue at about $11.9M a year (October 2024). The company hasn't published its own figure.
How many employees does PaymentWorks have?
PaymentWorks had 106 employees in December 2024, according to LinkedIn.
Who is the CEO of PaymentWorks?
Matias Elgart is the CEO of PaymentWorks and founded the company in 2014.
Who founded PaymentWorks?
Matias Elgart founded PaymentWorks in 2014.
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How this page is sourced
5 from public sources · 3 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Oct 14, 2026Data disclaimerReport a correctionClaim this profileRun PaymentWorks? Join the podcast