Payable is a B2B fintech startup headquartered in the United Kingdom, founded in 2022. The company's slogan "Cash control for modern finance teams" encapsulates their mission to provide comprehensive cash and treasury intelligence solutions for finance teams facing complex challenges. Their platform offers real-time connectivity between banking and finance systems, enabling multi-entity reporting, forecasting, and cash management across different parameters such as bank accounts, entities, and currencies.
Payable's most-loved products and features include cash positioning, forecasting, and reporting tools, which automate cash operations, provide dynamic forecasts, and facilitate detailed reporting. The startup recently secured a $6.10M Seed Round investment on October 11, 2022, with participation from notable investors such as CRV, Earlybird, Clocktower Technology Ventures, Perry Blacher, Francesco Simoneschi, Hristo Borisov, Paul Klanschek, Rory Stirling, Mark Ransford, and Dileep Thazhmon.
Payable's innovative approach to addressing the cash control needs of modern finance teams, coupled with the backing of reputable investors, positions the company as an emerging player in the fintech and payments industry.