Payabli, the payments infrastructure platform for software companies, has closed a $28M Series B funding round. This funding comes just nine months after Payabli raised its Series A led by QED Investors bringing the total capital in the company to date to $60,000,000. The Series B is led by Fika Ventures and QED Investors with participation from existing investors TTV Capital and Bling Capital. The new funding will accelerate Payabli’s product development, with a targeted focus on AI-driven features designed to deliver personalized experiences for customers. These innovations aim to enhance operational efficiency, elevate the customer experience, and drive revenue across the platform. Additionally, Payabli will strengthen its customer success, operations, and go-to-market teams to ensure a consistently high-quality customer experience while supporting the company’s continued hyper-growth. As part of this investment, Payabli is exploring AI applications across two primary fronts: first, to streamline operations and drive efficiency across the organization, and second, to enhance its platform with smarter, more personalized customer experiences that ultimately increase revenue and margin. Payabli will also leverage its Series B funding to continue product development and further expand its 3P offering, which includes Pay In, Pay Out, and Pay Ops capabilities. “Informed by direct feedback from existing customers, Payabli is reimagining embedded spend management by enabling software platforms to offer branded expense programs with both physical and virtual cards,” the company said in its announcement.