A growing fintech company called Payabli is simplifying the payment process for software businesses through their tailored API infrastructure. Founded by Joseph Phillips and William Corbera, who both have extensive experience in payments processing, Payabli aims to eliminate hurdles that often accompany facilitating transactions.
Their seamless tools allow software firms to embed payment acceptance and management right into their platforms. Through a unified API, companies can offer subscription billing, invoicing, customer refunds, and more – without having to set up complex systems themselves. This streamlines operations while driving user engagement through convenient payment options.
In addition to intake features, Payabli also provides disbursement functionality. They give software businesses easy ways to pay suppliers, vendors, and contractors using virtual cards, eChecks, and bank integrations. Managing payouts is just as simplified as accepting payments.
To ensure security and compliance, Payabli incorporates risk mitigation, dispute resolution, and other financial compliance features. They shoulder the administrative responsibilities so clients can focus on their core products. Access to these all-in-one payments solutions has proved appealing to customers, as Payabli saw triple-digit year-over-year revenue growth and signed on over 60 companies.
Impressed by Payabli’s promising model, investors provided $20 million in a recent Series A round led by TTV Capital, Fika Ventures, and Bling Capital. This infusion of capital will allow further development of the payment operations platform and expansion of the client base. With payment processing serving as a major opportunity for software firms to boost monetization and loyalty, Payabli is well-positioned to empower companies through their streamlined yet powerful tools.
