Routable, founded in 2017 and headquartered in the United States, is making significant strides in the B2B payments landscape with its innovative accounts payable platform. The company’s slogan, "Automate and scale your B2B payouts from 100 to 100,000+ worldwide," encapsulates its mission to streamline complex financial transactions.
Routable addresses the pain points of traditional payment processes by automating the workflow from vendor onboarding to settlement, while seamlessly integrating with existing accounting systems. This enables businesses to handle massive transaction volumes without additional operational burdens. Targeted primarily at industries like Finance, Fintech, and Information Technology, the platform enhances efficiency across finance, operations, and engineering teams.
In its recent funding landscape, Routable secured a $500.00K Series B investment on April 29, 2022, led by K5 Global. This infusion is expected to fuel further technological advancements and scale its global reach.