What is Payable?
Payable specializes in providing mobile payment solutions designed to eliminate the need for expensive hardware and fixed-line connectivity. The company offers a comprehensive range of mobile payment tools, enabling businesses to select solutions that best align with their operational requirements and customer interaction models. Their focus is on simplifying payment acceptance for businesses of all sizes.
How much funding has Payable raised?
Payable has raised a total of $1M across 1 funding round:
Other Financing Round
$1M
Other Financing Round (2021): $1M with participation from X15 Ventures
Key Investors in Payable
X15 Ventures
X15 Ventures is a venture capital firm that typically invests in early-stage technology companies, likely focusing on innovative solutions within the digital and financial sectors.
What's next for Payable?
The recent major strategic investment signals a pivotal growth phase for Payable, likely aimed at scaling operations, expanding market reach, and further developing its innovative payment technologies. This enterprise-level funding suggests a strategic focus on solidifying its position in the competitive fintech landscape and potentially exploring new verticals or enhancing existing service offerings to drive future revenue streams and market share.
See full Payable company page
