Payable is a B2B fintech startup headquartered in the United Kingdom, founded in 2022. The company's slogan, "Cash control for modern finance teams," reflects its core focus on providing a cash and treasury intelligence platform for finance teams.
The platform offers real-time connectivity between banking and finance operations, allowing for full control over cash operations. Payable supports multi-entity reporting, forecasting, and cash management across various parameters such as bank accounts, entities, and currencies. Notable features include cash positioning, forecasting, and reporting, providing automation and insightful tools for informed decision-making.
In October 2022, Payable secured a $6.10M Seed Round investment from a consortium of investors including CRV, Earlybird, Clocktower Technology Ventures, Perry Blacher, Francesco Simoneschi, Hristo Borisov, Paul Klanschek, Rory Stirling, Mark Ransford, and Dileep Thazhmon.
The company's tailored platform and recent investment highlight its potential to address the evolving needs of modern finance teams, positioning Payable as a significant player in the finance technology sector.
