Daniel Yubi
Author · 7 articles
Team Payable
Our mission to change treasury management
14 Jun 2023
Last month we celebrated our 1st anniversary since launching Payable, which made us reflect on our journey, why we started Payable and what the future holds. As a former product manager, I was in a world brimming with tools designed to enhance my performance – tools that boosted productivity, enabled cross-team collaboration and ultimately empowered better decision making for the business. Just as I rely on Slack, Jira, and Figma, engineers thrive on Github, and salespeople can't do without Sal
Announcements
Cash Visibility with Automated Reconciliation
13 Apr 2023
You can add all your banking partners to Payable and have real-time cash visibility across all your currencies. Instantly know exactly who has paid you what with automated reconciliation. Track all your customer and supplier account balances in real-time.
Payments 101
3 key banking APIs for treasury
13 Mar 2023
In the last post, we explored banking APIs and how bank connectivity is key for a company to successfully scale. As corporate banking customer, there are a few different API types that will 10X your operations as a payments or treasury team. Here we will deep dive into what they are and how they will benefit your business. Payment Initiation API You want to pay your customers, suppliers and users in the most efficient way, but before leveraging a banking API payment operators often depend on
Payments 101
Bank Connectivity - how banking APIs can save you money
28 Feb 2023
Bank connectivity in treasury terms refers to the ability of an organisation to connect and interact with its banking partners. This can include accessing bank account balances and transaction data in real-time, plus initiating and tracking payouts. Let's assume you found a fintech start up. You want to validate your idea quickly, starting with using a BaaS such as Modulr. This allows you to do bank transfers such as Faster Payments, BACs and CHAPs. As you grow you find Modulr is expensive bec
Introduction to Payment Operations
15 Feb 2023
Payment Operations is the process of tracking, reconciling, and moving money across your business. Today, this actually happens through spreadsheets, bank files, and legacy protocols like SFTP. 0:00/1× When a company reaches a certain level of complexity, payment operations becomes a pain point. The company requires multiple bank accounts and multiple payment providers across different geographies. Let me walk you through why that's happening - if you're a company that wants to be in the UK,
News
We've raised $6.1M to modernise business payments
11 Oct 2022
We've raised $6.1M to build a payment operations platform so companies stop using EBICs, bank files and spreadsheets to move and reconcile money. 💡With Payable, you can connect your banks and automate payments from initiation to reconciliation with a single API and dashboard. About a year ago, Raz and I sat down with the treasury and payment operations team at Checkout.com to understand what it would take us to launch the new marketplace solution. We realised that tech companies depend on cl
Payable: Payment Operations Software
23 Sep 2022
Companies expend huge amounts of effort and money building payment operations. Today, treasury and finance teams have to become quite large to manage their payments. This is not just a problem for traditional organisations; we’ve heard this is happening everywhere from listed companies to start-ups. They are using a tangled web of spreadsheets to track and make payments. That’s insane. Look, there are 8k+ Payment Operations Jobs just in the UK, and 80 added every week. Trillions of dollars t