
Payable.co
A software and APIs supercharge how to send, receive and reconcile payments.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 | round | |
* | $6.1m | Seed | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Payable.co is a financial technology startup that provides automated solutions for modern finance teams. The company operates in the fintech market, serving businesses that require efficient and secure money movement. Payable.co's platform connects bank data with finance tools in real time, automating the flow of money in and out of a business. This automation reduces manual work, allowing finance teams to focus more on decision-making.
The company's business model revolves around providing a single platform for tracking the complete lending and collection cycle. This includes every transaction, invoice, and bill, all centralized in real time. This end-to-end syncing provides clarity and control over a company's finances. Payable.co's platform is designed to integrate easily with existing finance tools, requiring no additional engineering effort.
Payable.co also offers enterprise-level security, being ISO 27001 certified. This ensures that all data handled by the platform is kept safe and secure. The company's solutions are applicable to every industry, with powerful APIs available to support business growth. These APIs allow businesses to build the automations they need to reconcile and automate payments, saving time on integrations and maintenance.
In terms of revenue, Payable.co likely operates on a subscription-based model, charging businesses for access to its platform and services. The company's focus on automation and real-time data access positions it well in the growing fintech market.
Keywords: Fintech, Finance Automation, Real-Time Data, Money Movement, Invoice Tracking, Bill Centralization, Enterprise Security, ISO 27001, API Integration, Subscription-Based Revenue.