HomeBankingPayble banks $3.5 million investment

Payble banks $3.5 million investment

Date:

Revolut Expands Services: Users Can Now Send Money to China via Alipay

Revolut Enhances Global Transactions with New Alipay Integration for...

Consultation on the Future of Australian A2A Payments by AusPayNet and AP

Exploring Innovations and Developments in Account-to-Account Payment Systems Highlights: AusPayNet...

CastellumAI Raises $8.5M to Revolutionize AI in Real Estate

Empowering Real Estate with Innovative Artificial Intelligence Solutions Highlights: CastellumAI...
  • Payble, a payments workflow, and customer engagement software provider, closed a $3.5 million funding round led by OIF Ventures.
  • The funding aims to capitalize on the strong demand for Payble’s citizen-centric payment solution in local government payments and explore global expansion opportunities.
  • Payble’s solution helps local governments boost on-time payments, reduce administrative burdens, and enhance community satisfaction.
  • Ratepayers can transition from larger annual or quarterly payments to flexible weekly or fortnightly payments without extra cost, simplifying payment adjustments without paperwork.
  • Founder Elliott Donazzan highlights the solution’s positive impact on community budget alignment, easing cost-of-living pressures, and addressing councils’ challenges.
  • 60% of councils anticipate increased payment arrears, and 69% of council rates teams feel under-resourced. Payble offers a win-win solution.
  • OIF Ventures, with expertise in enterprise software and government growth, joins Payble, expressing excitement about the impressive CEO and the company’s positive outcomes for councils and ratepayers.
  • Payble Founder is thrilled about OIF Ventures’ involvement, citing their deep understanding of enterprise software and prior experience in government growth as a perfect fit.
Exit mobile version