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Jan 20, 2022

PayCLT: Caleb Avery, CEO Tilled: The Past, Present & Future of PayFacs

Caleb Avery, CEO of Tilled, comes to PayCLT to discuss the past, present and future of the PayFac ecosystem.

PayCLT is excited to welcome the CEO and Founder of Tilled, Caleb Avery. Caleb will discuss the ever-changing world of Payment Facilitation (PayFac) – namely what it used to look like, where the market stands now and most importantly, where it’s headed.

For those who’ve never heard of a Payment Faciliatation company, pymnts.com says “a Payment Facilitator (PayFac) is a merchant service provider that simplifies the merchant account enrollment process. PayFacs operate on a sub-merchant platform where merchants no longer require their own MID, but are boarded directly under the PayFac’s master MID account.”

Caleb Avery founded a credit card processing independent sales organization and has extensive experience in the PayFac and Fintech arenas. In 2019, he founded Tilled’s PayFac-as-a-Service model to empower B2B software companies to monetize the payments flowing through their platform, alongside an instant customer onboarding experience, and raised a $2M seed round in 2020 followed by an $11M Series A in May 2021.

Organizer

Carolina FinTech Hub