Payabli Review

Payabli is a Miami embedded-payments company — legally Centavo, Inc., trading as Payabli — founded in 2020 by William Corbera and Joseph Elias Phillips, who run it as co-chief executives. It does not sell merchant accounts to businesses. It sells payments infrastructure to software companies, so that a property-management system, an HOA portal, a school-district platform or a field-service tool can take payments inside its own product and earn on them, without going through the cost and compliance burden of becoming a payment facilitator itself. The stack is organised as Pay In for acceptance and merchant onboarding, Pay Out for payables, and Pay Ops for the operational layer around both, with a low-code builder called Creator and an AI feature set branded Amigo layered on top. The company is a registered payment facilitator of PNC Bank and Huntington Bank and a registered ISO/MSP of Merrick Bank — an unusually clear disclosure for this part of the market. It raised a $28m Series B in June 2025 led by Fika Ventures and QED Investors, bringing total funding to about $60m, and reported 7x year-on-year revenue growth, more than 50,000 merchants on the platform and billions of dollars in live processing volume.

Infrastructure, not a merchant account

Payabli sells payments infrastructure to software companies. Its customers are vertical SaaS platforms — property management systems, HOA and community-association portals, school-district and local-government software, field-service tools — and its product lets those platforms take payments inside their own applications, earn on the volume, and skip the multi-quarter project of becoming a payment facilitator themselves. Its own slogan puts the pitch bluntly: if you're a software company, you're a payments company.

The stack has three pieces. Pay In handles acceptance and the onboarding of the platform's customers as sub-merchants. Pay Out handles money going the other way, to vendors and contractors. Pay Ops is the operational layer around both — reporting, reconciliation, disputes and the administration that a software company invariably underestimates. On top sit Creator, a low-code builder for payment flows, and Amigo, an AI feature set covering risk, chargebacks, boarding and underwriting that the company has been rolling out through 2026.

Who is behind it

The company was founded in 2020 — the founders date the first line of code to December of that year — by William Corbera and Joseph Elias Phillips, who run it as co-chief executives from Miami. The legal entity is Centavo, Inc., trading as Payabli. The company is remote-first with over a hundred employees, about a third of them in South Florida. Both founders came from the problem they are now selling into: Corbera co-founded RevoPay, a payments platform acquired by OSG in 2022, and Phillips led sales at ServiceTitan, a vertical software company whose own business model depends on payments.

The structural disclosure on its site is worth noting because so few competitors make it. Payabli states that it is a registered payment facilitator of PNC Bank and Huntington Bank and a registered ISO/MSP of Merrick Bank. That tells a prospective platform exactly whose registration its sub-merchants are boarded under and which banks sit behind the arrangement — the questions that matter most when a payments dependency goes wrong.

Growth, and how much of it can be checked

Payabli closed a $28m Series B in June 2025, led by Fika Ventures and QED Investors with existing investors TTV Capital and Bling Capital participating, taking total capital raised to around $60m. Alongside the raise it reported 7x year-on-year revenue growth, more than 50,000 merchants on the platform and billions of dollars in live processing volume.

Those are the company's own figures, which is the normal position for a private company and a reason to weight the outside signals more heavily. There are a few: #43 on the 2026 Inc. 5000, a place on the Forbes Fintech 50 in February 2026, and an appearance on Inc.'s Best Workplaces list in June 2026. Lists are not audits, but growth rankings are calculated from submitted financials rather than from marketing copy, and #43 out of five thousand is a real result. One caution: public databases disagree about total funding, with at least one reporting a figure close to double the company's own. This review uses Payabli's announcement.

What is not public

The price. Payabli publishes no rates, no revenue-share terms, no minimums and no contract length. The page at its /pricing URL is an article advising software platforms how to price payments to their own customers, which is useful reading and is not a rate card for Payabli's service.

That is normal for infrastructure sold to businesses rather than consumers, and it is less objectionable here than on a merchant-facing processor, because the buyer is a software company with the capacity to negotiate. It still means no platform can model the economics of adopting Payabli without entering a sales process, and it means the numbers that would let an outside reviewer compare it with Stripe Connect, Adyen for Platforms, Finix or Tilled simply do not exist in public.

The age question

Payabli is five years old. For a marketing tool that would be irrelevant; for the layer that moves your customers' money it is the central risk, because payments is the hardest dependency to replace once sub-merchants are boarded on somebody else's registration. There is also very little independent user feedback — the review sites carry almost nothing — so a platform evaluating Payabli is largely weighing the company's own account, its investors' judgement and reference calls.

That argues for diligence rather than avoidance. Ask for references at your own scale and in your own vertical. Get sub-merchant data portability and migration assistance written into the contract. Establish what happens to in-flight funds and to boarded sub-merchants if the relationship ends or the company is acquired — an outcome that is more likely than failure for a company growing this fast.

The verdict

B. Payabli is a well-constructed piece of embedded-payments infrastructure with credible bank sponsorship it discloses openly, investors who understand the category, founders who have done this before, and growth corroborated outside its own website. It is not graded higher because the evidence base is young and mostly self-reported, because independent user feedback is close to nonexistent, and because nothing about the commercial terms is public. For a vertical software company that has decided to monetise payments, it belongs on the shortlist next to the established payfac-as-a-service options. For a merchant, it is not a purchase at all — it is the reason your software vendor now sends you a processing statement.