Payabli Secures $28M Series B to Supercharge AI-Powered Embedded Payments
In the increasingly crowded world of embedded finance, Payabli is sprinting ahead with both momentum and money on its side. The Miami-based payments infrastructure platform for software companies just closed a $28 million Series B funding round, barely nine months after its Series A. That brings the company’s total funding to $60 million—a sizable war chest aimed at redefining what it means to be a full-stack fintech platform.
The round was co-led by Fika Ventures and QED Investors, with continued support from TTV Capital and Bling Capital. Investors aren’t just betting on vision—they’re reacting to explosive growth. Over the past year, Payabli has seen:
- A 7x increase in year-over-year revenue
- Activation of billions in live payment volume
- A growing base of 50,000+ merchants
- Embedded payments launched across multiple enterprise verticals
- Integration deals with major processors and sponsor banks
“They’ve built the right platform at exactly the right time,” said Laura Bock, Partner at QED Investors. “Software platforms are becoming the next major players in payments, and Payabli is leading that charge.”
All-In on AI: From Support Agents to Risk Engines
Payabli isn’t just scaling. It’s evolving—fast. A key use of the Series B funding will be to embed AI capabilities across both its product suite and internal operations.
Already, the company has launched Amigo, its AI-powered assistant, available within Payabli’s docs, dashboard, and even inside Slack. Amigo acts as:
- A support rep to resolve tickets quickly
- A solution engineer for seamless integrations
- A business analyst delivering insights via chat
And that’s just the beginning. Payabli is also developing proprietary risk and fraud models, trained on customer-specific data—not generic datasets. These bespoke tools are built to provide real-time, vertical-specific risk assessments. To accelerate this initiative, the company is partnering with NVIDIA, leveraging cutting-edge infrastructure to scale fast and smart.
Introducing Spend Management to the 3P Stack
With this new capital, Payabli is doubling down on its core “3P” strategy: Pay In, Pay Out, and Pay Ops. Its latest product? A fully embedded Spend Management suite, enabling platforms to:
- Launch branded expense programs with virtual and physical cards
- Control spend limits and fraud settings via API
- Offer both credit and debit models
- Capture interchange revenue and gain full ownership of client spend
This expansion follows the success of On-Demand Payouts (ODP) and cements Payabli’s position as a one-stop-shop for software platforms that want to own their financial rails.
“We’re turning platforms into full financial systems,” said William Corbera, Co-Founder of Payabli. “This level of flexibility and speed is a true differentiator.”
Culture, Talent, and What’s Next
Payabli’s growth isn’t just technical—it’s cultural. Named one of Inc.’s Best Workplaces for 2025, the company champions a remote-first, values-driven team. With fresh funding, it plans to scale hiring across AI, engineering, product, GTM, operations, and customer success.
“2024 was a transformative year,” said Joseph Elias Phillips, Co-Founder and Co-CEO. “The flywheel of embedded payments kicked in—and now we’re using AI to spin it faster.”
Why This Matters
As vertical SaaS platforms increasingly blur the line between software provider and financial service, the need for flexible, embedded payment infrastructure is reaching a critical point. Payabli’s momentum suggests it’s not just riding the embedded finance wave—it’s helping shape it.
And with the fusion of AI, risk intelligence, and full-stack financial tools, the company is gunning to be more than just a payments processor. It wants to be the fintech engine behind the next generation of software platforms.
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