Projected to reach over $4 Trillion dollars in payments volume and over $15 billion in transaction revenue in the next five years, it’s no overstatement to say the payment facilitator market is booming. The Payment Facilitator, “PayFac”, model creates a rapid and streamlined onboarding experience for customers, allows for a more integrated and frictionless payment experience, and can create substantial additional revenue opportunities for software companies that are able to successfully execute a PayFac experience.

That’s why Tilled has pioneered PayFac-as-a-Service. Tilled was created to empower software vendors, and SAAS companies to start generating revenue from accepting credit cards, without any of the headaches, regulatory compliance, or liabilities of becoming a fully registered facilitator. Through our APIs and SDKs, our turnkey system can allow any software company to take advantage of the benefits of payment facilitation within days with no upfront costs or additional headcount required.

Tilled operates on a model of being our customer's payments partner for the entire life of their business. With aligned incentives, Tilled doesn’t grow unless our customers do, and we’re invested in their success. Tilled was founded by veterans of the payments industry with the ethos of transparency, integrity, and doing right by our partners, allowing them to focus on their core product, not payment facilitation.

Tilled is based in Boulder, Colorado, with views of the Rocky Mountains from our office windows. We recently raised an $11 million Series A round, and are poised to power the financial backend of the next generation of SAAS companies and integrated software vendors. Welcome to PayFac-as-a-Service!