Miami’s been hot since the ’80s, but this summer, it’s not Pitbull or pastel suits lighting up the skyline, it’s Payabli. Founded in 2020, this fintech firestarter just dropped a $28M Series B, co-led by QED Investors and Fika Ventures, with TTV Capital and Bling Capital back in the mix. That’s $60M raised in just over three years, not from hype, but from a product that hits harder than an El Alfa beat in Little Havana.
Co-founders Joseph Elias Phillips and William Corbera didn’t stumble into this; Joseph cut his teeth at Seamless and ServiceTitan, helping shape payments architecture before it was trendy. William? He built and exited RevoPay before most folks could spell embedded finance. Now, as Co-CEOs, they’ve engineered a payments infrastructure platform that doesn’t just process payments; it powers entire business models.
Payabli isn’t another payments layer, it’s the stack. A unified API that enables software companies to Pay In, Pay Out, and Pay Ops. That’s not just branding, it’s infrastructure designed for vertical SaaS platforms in “need-to-pay” spaces like property management, education, utilities, and government. Think of it as Stripe’s grown-up sibling with a full-time job, a mortgage, and something to prove.
Let’s talk metrics. 7x YoY revenue growth going into this round. Over 50,000 merchants live. 60+ SaaS platforms in the portfolio, including Roofr.com, BuildOps, PayHOA, BuilderPrime, FitDEGREE, and CurbWaste. Processing volume? Multiple billions, and that’s not projection, it’s live traffic. If your software doesn’t monetize payments yet, you’re missing the plot. And Payabli’s handing you the pen.
But it’s not just the money. It’s what they’re building. The platform offers full-stack capabilities: branded expense cards, real-time analytics, network tokenization, Level II & III optimization, PCIDSS40 compliance, and more. Security that doesn’t just check boxes; it locks the door and bolts it shut. And then there’s Amigo, the AI assistant supporting integration, support, and analytics, built with help from NVIDIA’s AI muscle.
Behind the curtain? Sara Strope, fractional CMO and former marketing lead at QuotaPath and TaxJar (acq. by Stripe). Jorge Alfaro, VP of Engineering. Clayton Smith, Director of Ops. This isn’t a crew; they’re an execution machine. Remote-first, Miami-rooted, culture-fueled.
With Series B fuel, they’re pushing deeper into AI, embedded payables, and operational automation. More engineers. More GTM horsepower. More personalized infrastructure, built to make payments feel less like overhead and more like upside.
