Payabli Closes $20M Series A to Scale Operations and Drive Innovation for its Payments Infrastructure and Monetization Platform [Yahoo! Finance]
AvidXchange Holdings, Inc. (AVDX)
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Source: Yahoo! Finance
MIAMI, June 25, 2024 BUSINESS WIRE Payabli , the payments infrastructure solution for software companies, has closed a $20M Series A. The round was led by QED Investors with participation from existing investors TTV Capital, Fika Ventures and Bling Capital based on the company's greater than 3X revenue growth. The new round of funding will be used to drive further product innovation, reinforce security and scalability, fuel new customer acquisition, and empower existing software partners to integrate and activate total processing volume easier and faster. Payabli's API-first Payments Infrastructure and Monetization Platform allows software companies to make payments a core part of their business model. Payabli focuses on providing a single unified API to allow software developers to create any payment experience they need for payment acceptance and payment issuance, as well as robust payment operations tools to manage the tactical operations of a payments company. "We've been res
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