Payability is a growing NYC-based FinTech company that provides flexible funding solutions to online marketplace sellers. Since 2016 we helped thousands of sellers scale their marketplace businesses by providing them with over $1 Billion in financing.
Payability is a finance and technology firm on a mission to provide friction-free financing to suppliers of digital marketplaces.
We believe that small businesses continue to be the engine that drives the economy forward, but that current financial products are not well-suited to the changing nature of the 21st century economy. As businesses increasingly connect to consumers through digital marketplaces, their cash flow needs have changed.
They need fast, simple and practical financial solutions.
We currently provide tens of millions of dollars in capital to thousands of Amazon Sellers, but we are not stopping there. We are relentlessly focused on our mission to provide friction-free financing in more ways, in more marketplaces, to thousands of more businesses in the years to come.
Our founders have a combined 55 years of experience in creating and running adtech marketplaces, so we understand the marketplace/supplier relationship and the challenges each face. We heard concerns regularly from developers and publishers that their payment terms were lengthening. While the receivables were coming in later and later, the payables were due weekly, daily, or even hourly. The result was cashflow gaps and erratic amounts of working capital for the developers and publishers.