Payabli Raises $20M Series A for API-First Payments Infrastructure

Payabli announced a $20 million Series A funding round on June 25, 2024, aimed at scaling its API-first payments infrastructure and monetization platform designed for software companies. The company enables software platforms to embed and monetize payments more easily through its infrastructure layer. Proceeds will be directed toward product innovation, security enhancements, customer acquisition, and making payment integration simpler for its clients.

Payabli reported over 340% revenue growth in the 12 months preceding the raise, demonstrating strong market traction. The funding positions Payabli to compete more aggressively in the embedded payments space, where software companies increasingly seek to monetize payment flows. This round underscores continued investor appetite for BaaS and embedded finance infrastructure providers that serve vertical SaaS platforms.