Payabli: Challenging Stripe in the Embedded Payments Landscape

Payabli, a Miami-based startup, is aiming to disrupt the payments processing landscape by offering embedded payments solutions for software companies, directly challenging giants like Stripe. Payabli's founders, Joseph Phillips and William Corbera, have a combined experience in payments and tech, having previously held roles at companies like Seamless and RevoPay.

• Payabli provides a comprehensive suite of payment acceptance and issuance tools for software companies. These tools include recurring payments, scheduled payments, invoices, virtual credit cards, physical checks, and bank integrations.
• Payabli aims to simplify payments for software companies, offering a "no-lift" solution that streamlines payment operations. The company is targeting software providers who are looking for embedded payment solutions, a growing trend in the fintech industry.

Payabli's Business Model: Empowering Software Companies with Payments Capabilities

Payabli offers a unique value proposition to software companies, allowing them to become payment facilitators without the complexities and costs associated with setting up and managing their own payment infrastructure. Payabli's solution streamlines the entire payments process, from payment acceptance to processing and disbursement.

• The company's platform utilizes APIs to seamlessly integrate with existing software systems, providing a seamless user experience for both software companies and their customers.
• Payabli's approach focuses on creating a “sticky” customer experience for software companies, driving customer retention and generating new revenue streams.

Competition: Payabli's Position Against Stripe and Other Payment Facilitators

Payabli is challenging established players in the payments space like Stripe, Adyen, and Paytrix. These established players have a significant market share, but Payabli aims to differentiate itself by focusing on the specific needs of software companies.

• Payabli's approach, unlike traditional payment facilitators, is focused on empowering software companies to become payment facilitators themselves, allowing them to control and manage their own payment processes.
• Payabli is also targeting a niche market of software companies, offering them a more tailored solution compared to the broader offerings of larger players like Stripe and Adyen.

Payabli's Growth and Funding: A Sign of Confidence in the Embedded Payments Market

Payabli has secured $32 million in funding, with a nine-figure valuation, reflecting investors' confidence in the company's growth potential. The company has seen significant growth in the past year, with revenue increasing three times over the past 12 months.

• Payabli plans to use the new funding to further develop its product, enhance security and scalability, acquire new customers, and support existing software partners.
• The company is also planning to target large enterprise customers, indicating its ambitions to expand its reach beyond its current base of 60 clients.

Embedded Payments: A Growing Trend in the Fintech Landscape

The embedded payments market is rapidly growing, with software companies increasingly recognizing the value of integrating payments capabilities into their products and services. Payabli is well-positioned to capitalize on this trend, offering a comprehensive solution that simplifies payments for software companies.

• Payabli's focus on software companies is a strategic move, as this sector is primed for growth in the embedded payments market.
• The company's user-friendly platform, comprehensive features, and API-driven approach are key differentiators that are likely to attract software companies seeking to enhance their payment capabilities.

Payabli: A Potential Disruptor in the Payments Processing Landscape

Payabli is a startup with a unique approach to the payments processing market, targeting the growing demand for embedded payment solutions within the software industry. The company's ambition to challenge established players like Stripe, coupled with its strong growth trajectory and funding, indicates its potential to become a significant force in the fintech landscape.

• Payabli is poised to capitalize on the growing trend of embedded payments, offering a value proposition that is attractive to software companies.
• The company's focus on simplifying payment operations, providing a "no-lift" solution, and targeting a niche market could set it apart from competitors.