What is Payable?
Payable offers a comprehensive suite of mobile payment solutions designed to eliminate the need for expensive hardware and fixed-line connectivity. Their innovative approach allows businesses to accept card payments seamlessly, catering to diverse operational needs with flexible mobile payment technology. The company is positioned to disrupt traditional payment processing with its accessible and modern infrastructure.
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 an early-stage venture capital firm that invests in innovative technology companies. Their focus often includes fintech solutions that aim to disrupt traditional industries.
What's next for Payable?
With this substantial enterprise-level backing, Payable is poised for accelerated growth and market expansion. The strategic investment will likely fuel further development of their mobile payment ecosystem, enhance customer acquisition efforts, and solidify their competitive edge. This infusion of capital signals a strong belief in Payable's vision to revolutionize how businesses handle transactions, particularly through mobile channels.
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