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Vendor Management SoftwareBoston, MassachusettsFounded 2014CEO Matias Elgart

PaymentWorks is a Vendor Management Software company based in Boston, founded in 2014.

paymentworks.comLinkedInUpdated Oct 30, 2026
Annual revenue
$11.9M
Oct 2024EST
Employees
106
Dec 2024

PaymentWorks revenue

PaymentWorks has not published its revenue. GetLatka estimates it at about $11.9M a year (October 2024).

$0
$5M
$10M
$0
–
$4.9M
–
$12.2M
$7.8M
$11.9M
2014…2015–2020212022Jun 2023Oct 20232024
ReportedEstimateFounded 2014 at $0; every reading has its own bar
All 4 revenue readings, with sources
As ofRevenueSource
Apr 2021$4.9M–
Jun 2023$12.2MESTZoomInfo estimate
Oct 2023$7.8MESTGetLatka estimate
Oct 2024$11.9MESTGetLatka estimate

– source not recorded

PaymentWorks competitors

PaymentWorks competes most directly with SAP, Tipalti and VendorPm.

CompanyRevenueFundingEmployeesCustomersFounded
SAP$41.9B–132.5K6.9K1972
Tipalti$200M$749M1,15010K2010
PaymentWorks$11.9M–106–2014
VendorPm$11.3M$30.1M786002019

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.

0
50
100
64
93
85
106
2021202220232024
ReportedOne figure per year; a reported figure wins over an estimate
All 6 headcount readings, with sources
As ofEmployeesSource
Dec 2024106LinkedIn
Oct 202485LinkedIn
Oct 202385LinkedIn
Oct 202293LinkedIn
Dec 202164LinkedIn
Apr 202158–

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.

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 30, 2026Data disclaimerReport a correctionClaim this profileRun PaymentWorks? Join the podcast