Payability (Ofer Abarbanel online library)

Payability is an American FinTech company based in New York City. Payability provides finance solutions[buzzword] to suppliers of digital marketplaces. Payability’s platform integrates with digital marketplaces, most notably Amazon’s. The company offers customers invoice factoring: It purchases suppliers’ accounts receivable, allowing suppliers to get paid for their sales on an expedited schedule.[1]


  • Scott Lynn and Keith Smith founded Payability in 2014.
  • According to Smith, the idea for Payability came when he saw a recurring pain point for the suppliers of online marketplaces like Amazon: Marketplaces often withhold payments from sellers for a number of weeks, creating cash flow challenges for suppliers.[2]In a 2015 interview, Smith pointed out that being unable to access cash from their sales frustrates sellers and limits their ability to replenish inventory or fund marketing campaigns.[3]
  • Payability began working with mobile app developers in 2015.[4]In 2016 the company expanded to focus on Amazon sellers and vendors on other online marketplaces.[5]
  • In August 2016, Payability partnered with Amazon Launchpad to offer financing for startups through Amazon Launchpad Services Hub.[6]
  • In 2018, Payability launched an online business debit card for the sellers[7]


Smith is the founder of BigDoor, a gamification startup that he exited in 2014.[8] He founded two other companies, CyberMortgage and Zango.[9]

Lynn is the founder of advertising technology company AdKnowledge.[10]


  1. ^“Payability Reviews: A Good Finance Solutions for Amazon Sellers?”. AMZFinder. 2019-04-08. Retrieved 2019-08-19.
  2. ^Wack, Kevin (January 19, 2016). “Why Mobile-App Developers Are Turning to a New Crop of Finance Companies”. American Banker. Retrieved February 25, 2017.
  3. ^“Keith Smith – Co-founder and CEO of Payability”. ideamensch. June 5, 2015. Retrieved February 25, 2017.
  4. ^“Keith Smith, Co-Founder and CEO, Payability Talks App Market Trends”. Business of Apps. October 28, 2015. Retrieved February 25, 2017.
  5. ^Rosenberg, Ed (July 14, 2016). “Keith Smith, co-founder & CEO Payability with ED advances your Amazon settlement”. Amazon Sellers Group TG. Retrieved February 25, 2017.
  6. ^“Services Hub from Amazon Launchpad”. Amazon. Retrieved February 25, 2017.
  7. ^“Payability releases card for marketplace sellers”. Retail Dive. Retrieved 2019-08-19.
  8. ^Demmitt, Jacob (October 23, 2015). “After selling BigDoor, resilient startup leader Keith Smith is back at it with NYC company”. GeekWire. Retrieved February 25, 2017.
  9. ^“Keith Smith, Co-founder & CEO @ BigDoor”. crunchbase. Retrieved February 25, 2017.
  10. ^Anderson, Charlie (March 26, 2006). “Young Web pioneer is an old hand”. bizjournals. Retrieved February 25, 2017.

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Ofer Abarbanel online library

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