Payable builds infrastructure that lets finance and product teams manage money movement from a single interface instead of juggling spreadsheets, EBICs bank files, and manual reconciliation. Its platform offers both an API and a browser dashboard that integrate directly with corporate bank accounts, automatically matching payment data and streamlining outbound transfers. The company was founded by former Checkout colleagues Daniel Yubi and Raz Musca, who experienced these operational pain points firsthand. Drawing talent from Checkout, TrueLayer, 11:FS, Stripe and Curve, Payable positions itself at the intersection of payments, banking, and finance operations. With a newly raised €6 million seed round, the team plans to launch its product publicly, add new UK bank integrations, and expand coverage across additional European markets. The seed funding also provides the firm’s first publicly disclosed capital, underscoring investor confidence in its mission to modernize payment reconciliation for the internet economy.

Total raised

$7M

Funding rounds

1

Latest round

Seed

Latest activity

Oct 2022