Payble
Latest round
- Seed
Last raised
- Nov 2023
Total raised
- $2.1M
Investors
- 3
About Payble
Founded in 2020 in Chippendale, Australia, Payble Pty Ltd focuses on creating efficient payment solutions for local governments. The firm has adapted its strategy to cater specifically to the needs of councils in managing financial processes. Elliott Donazzan, the founder, has a history in developing technology solutions for various sectors.Payble offers a sophisticated payment experience platform designed specifically for local governments, enabling councils to tailor their payment processes to enhance cash flow, boost productivity, and reduce costs. The platform supports a variety of payment methods, including direct debit and credit or debit card transactions, allowing ratepayers the flexibility to choose their preferred payment frequency—weekly, fortnightly, or monthly. Payble’s core aim is to streamline rates collection, providing councils with the tools needed to recover unpaid rates and manage arrears effectively.8/5 from users.Payble generates revenue through its payment experience platform, which operates on a subscription model tailored for local government clients. The company engages directly with councils, offering its services to improve their financial processes and enhance ratepayer engagement. The revenue structure is based on service subscriptions that provide access to the platform's features, enabling councils to manage transactions efficiently and reduce dependency on costly alternatives such as AusPost and BPAY, which can incur significant fees. Payble's flagship service, Authority Payments powered by Payble, specifically targets the needs of Australian councils, focusing on optimizing payment processes and facilitating better financial outcomes. Specific new products are in the development phase to enhance their service offerings, which will be rolled out as market conditions permit. The strategic focus on both domestic and international markets aims to further address the evolving needs of local governments.
Who invested in Payble
3 investors across 2 rounds
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Questions about Payble
Who invested in Payble?
Payble has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Payble raised?
Payble has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Payble last raise money?
Payble's most recent round on record is a Seed, in Nov 2023.
What does Payble do?
Founded in 2020 in Chippendale, Australia, Payble Pty Ltd focuses on creating efficient payment solutions for local governments.
Where is Payble headquartered?
Payble is headquartered in Chippendale, Australia.
Which VCs invest in companies like Payble?
Among active investors with capital left to deploy, IAG Firemark Ventures, Blackbird, AirTree Ventures and Square Peg back financial services companies at Payble's stage. Their profiles are linked below.
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