# Payable

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/payable

- Industry: Software
- Headquarters: St Albans, UK
- Website: www.payable.co
- Total disclosed funding: $6.1M
- Latest round: Seed (Mar 16, 2022)
- Investors on record: 4

## 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.

## Funding rounds

- Seed, Mar 16, 2022, $6.1M — CRV, Earlybird, Conversion Capital, Clocktower Technology Ventures

## Investors

- CRV (https://capitalatlas.ai/funds/crv) — Seed
- Earlybird (https://capitalatlas.ai/funds/earlybird) — Seed
- Conversion Capital (https://capitalatlas.ai/funds/conversion-capital) — Seed
- Clocktower Technology Ventures (https://capitalatlas.ai/funds/clocktower-technology-ventures) — Seed