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Tilled
Payment facilitation platform for software vendors
- 21-100 employees
- Fintech
- B2B
- Payments
- Financial Services
- SaaS
- API
- Interlocken, Broomfield, CO
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Company mission
Tilled's mission is to reinvent the payments landscape by empowering software vendors, marketplaces, and SaaS companies to start generating revenue from accepting credit cards.
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Our take
Tilled is one of a handful of companies championing the concept of PayFac (Payment Facilitation)-as-a-Service, along with the likes of Payrix and Finix.
It offers software vendors and marketplaces a range of APIs and Software Development Kits (SDKs) to allow them to embed payment solutions into their own platforms, rather than relying on – and paying for – third party providers like Stripe and PayPal.
Turnkey embeddable Fintech solutions like Tilled’s are rising at an extraordinary rate. In 2020 the market value was around $22 billion, but it’s forecast to be worth more than ten times that amount by 2025.
While Tilled was founded a few years after its closest competitors Payrix and Finix, the company has been quick to secure major funding and scale up. Considering how hot the market is expected to be over the next few years, there should be plenty of room for growth.
Freddie
Company Specialist at Welcome to the Jungle
Funding (last 2 of 4 rounds)
Oct 2024
$12.5m
EARLY VC
Feb 2022
$11m
SERIES A
Total funding: $36.7m
This company has top investors
Leadership
Caleb Avery
(CEO)Former Financial Analyst at UPC Renewables Indonesia. Co-founded financial services company Merchant Services Done Right in 2012. Partner at UPC Capital Ventures and PayBright Merchant Services.