Payabli Closes $20M Series A

Payabli, a Miami, FL-based payments infrastructure solution for  software companies, closed a $20M Series A funding.

The round was led by QED Investors with participation from existing investors TTV Capital, Fika Ventures and Bling Capital.

The company intends to use the funds to drive further product innovation, reinforce security and scalability, accelerate new customer acquisition, and empower existing  software partners to integrate and activate total processing volume easier and faster.

Co-founded by co-CEOs William Corbera and Joseph Elias Phillips, Payabli is a payments infrastructure and monetization platform that helps software companies make payments a core part of their business model through a single developer-friendly API. It empowers software companies with payment acceptance and issuance solutions, payment operations tools, and the ability to improve lucrative economics.