Payable, a London based business payments FinTech, has raised £5.4mn.
In Brief:
Payable aims to streamline payment operations and automate business bank transfers.
It’s trying so solve the problem of businesses being overwhelmed by so many different payment methods and software tools.
The round was co-led by CVR and Earlybird Venture Capital.
What does this mean?
Following its funding round, the business plans to launch its platform through integrating with UK banks before expanding further across Europe.
