Company Information

Get to know Payabill

Payabill is a financial technology company focused on solving the working capital challenges faced by small and medium-sized businesses in South Africa. The company's core service is a trade finance solution where they pay a client's local or international suppliers directly, allowing the client to receive goods or inventory immediately. The client then repays Payabill over a set term, typically 30, 60, or 90 days. This model helps businesses manage cash flow, secure stock, and grow without being constrained by upfront supplier payments. Payabill was acquired by SME funder Retail Capital in 2021, which was subsequently acquired by digital bank TymeBank in 2022, placing Payabill within the broader TymeBank ecosystem.

Industry

Financial FundraisingPRIMARY
Financial Other Service

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Payabill

South Africa

Founded in

2016 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

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ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.