Payabli: Revolutionizing Payments for Software Companies
July 12, 2024, 9:35 pm
Location: United States, California, Los Angeles
Employees: 1-10
Founded date: 2020
Total raised: $32M
Payabli, a Miami-based payments infrastructure solution for software companies, recently closed a $20 million Series A funding round. Led by QED Investors, with participation from TTV Capital, Fika Ventures, and Bling Capital, this funding will drive product innovation, enhance security and scalability, accelerate customer acquisition, and empower software partners to integrate and activate processing volume seamlessly.
Co-founded by William Corbera and Joseph Elias Phillips, Payabli offers a developer-friendly API that helps software companies make payments a core part of their business model. With over 60 vertical SaaS companies already using Payabli to manage their payments businesses, the company has seen significant growth in revenue leading up to the Series A round.
Payabli's API-first Payments Infrastructure and Monetization Platform simplifies payment acceptance and issuance, providing software developers with the tools they need to create customized payment experiences. The company's focus on embedded payments, including Pay In, Pay Out, and Pay Ops, caters to specific verticals like property management, utilities, education, and government.
With a strong emphasis on product vision and innovation, Payabli aims to revolutionize the way software companies handle payments. The company's rapid growth and success in the market demonstrate the increasing demand for modern payment solutions tailored to software platforms.
Key Quotes:
- William Corbera, Co-Founder and Co-CEO of Payabli: "Software companies rely on modern solutions like Payabli to run their payments business."
- Joseph Elias Phillips, Co-Founder and Co-CEO of Payabli: "Our Series A funding will fuel innovation and support our software partners in activating their total processing volume."
- Laura Bock, Partner at QED Investors: "Payabli is building the next generation of payments infrastructure with software companies in mind."
- Neil Kapur, Partner at TTV Capital: "Payabli's product-market fit and growth potential make it a valuable asset for software companies."
In conclusion, Payabli's innovative approach to payments infrastructure is reshaping the way software companies manage their financial transactions. With a strong focus on product development and customer partnerships, Payabli is poised for continued success in the evolving landscape of software payments.
Co-founded by William Corbera and Joseph Elias Phillips, Payabli offers a developer-friendly API that helps software companies make payments a core part of their business model. With over 60 vertical SaaS companies already using Payabli to manage their payments businesses, the company has seen significant growth in revenue leading up to the Series A round.
Payabli's API-first Payments Infrastructure and Monetization Platform simplifies payment acceptance and issuance, providing software developers with the tools they need to create customized payment experiences. The company's focus on embedded payments, including Pay In, Pay Out, and Pay Ops, caters to specific verticals like property management, utilities, education, and government.
With a strong emphasis on product vision and innovation, Payabli aims to revolutionize the way software companies handle payments. The company's rapid growth and success in the market demonstrate the increasing demand for modern payment solutions tailored to software platforms.
Key Quotes:
- William Corbera, Co-Founder and Co-CEO of Payabli: "Software companies rely on modern solutions like Payabli to run their payments business."
- Joseph Elias Phillips, Co-Founder and Co-CEO of Payabli: "Our Series A funding will fuel innovation and support our software partners in activating their total processing volume."
- Laura Bock, Partner at QED Investors: "Payabli is building the next generation of payments infrastructure with software companies in mind."
- Neil Kapur, Partner at TTV Capital: "Payabli's product-market fit and growth potential make it a valuable asset for software companies."
In conclusion, Payabli's innovative approach to payments infrastructure is reshaping the way software companies manage their financial transactions. With a strong focus on product development and customer partnerships, Payabli is poised for continued success in the evolving landscape of software payments.