Payable Limited Asset Profile

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Year established

2022

Location

St Albans UK

Primary Industry

Software

About

Based in the UK, and founded in 2022, Payable Limited operates as a software development company. The company was founded by its CEO Daniel Yubi and CTO Razvan Musca. In October 2022, Payable Limited raised USD 6.1 million in seed funding co-led by Clocktower Technology Ventures, Conversion Capital, CRV, and Earlybird Venture Capital. Payable offers a payment operations platform, which is a unified banking API platform that enables various payment service providers, including tech companies and FinTech companies, to track, reconcile, and transfer money with the help of a web application. The software provides multiple features, such as reconciling transactions; financial reporting; a no-code dashboard; payment integration; payment ledgers; and more. The company plans to use the funds raised in October 2022 to expand its business reach outside the UK and further develop its product service offerings.

Current Investors

Crv, Earlybird Venture Capital, Conversion Capital

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Primary Industry

Software

Sub Industries

e-Financial, Web Applications, Application Integration Software, Accounting/Finance Software

Website

www.payable.co

Verticals

Cloud Computing, FinTech

Company Stage

Angel & Seed

Total Amount Raised

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