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Payabli

“Can a PayFac-as-a-service infrastructure platform become the de facto embedded payments OS for vertical SaaS companies, owning the full payments stack from acceptance through payouts and back-office operations?”

Founded2020
HQMiami, FL, USA
FoundersJoseph Phillips, William Corbera
Total raised$60M
Latest roundSeries B, June 2025
IndustryInfrastructure / Payments
The story

Founded in 2020 by payments veterans Joseph Phillips (ex-ServiceTitan) and William Corbera (co-founder of RevoPay, acquired by OSG), Payabli was built from the outset to offer PayFac-as-a-service and embedded payments infrastructure for vertical SaaS platforms. The company's thesis — 'if you're a software company, you're a payments company' — positions it as a full-stack payments infrastructure layer covering acceptance (Pay In), payouts (Pay Out), and back-office operations (Pay Ops). With the Series B in June 2025, Payabli is accelerating into AI-enhanced payment operations and expanding its enterprise client base in 'need-to-pay' verticals.

Last 12 months
2025-06
Product timeline
2020
Founded by Joseph Phillips and William Corbera as a payments infrastructure platform for software companies.· pivot
2023
Raised $12M seed round; launched Pay In, Pay Out, and Pay Ops product suite.· banking
2024
Raised $20M Series A led by QED Investors; expanded merchant onboarding and embedded payments capabilities.· banking
2025
Raised $28M Series B, surpassed 50,000 merchants, activated multiple billions in live processing volume, reported 7x YoY revenue growth.· banking
Regulated entities
1
regulatory licence held by Payabli
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
2 layers disclosed in Payabli’s embedded-finance stack
Payments / PSP
Payabli Payments (self-operated)
Sponsor bank
in the full report
Accounting gap: minor
1 more provider across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.