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Fintech Builders

Caleb Avery, Founder & CEO of Tilled: $40 Million Raised to Build (and dominate) the PayFac as a Service Category

Fintech Builders · 2025-05-05 · 32 min

Episode notes

Tilled has pioneered "PayFac as a Service," creating a new category in the payments space that allows vertical software companies to embed payments within their platforms without becoming registered payment facilitators themselves. With over $40 million in funding, Tilled offers an alternative to industry giants like Stripe, providing better economics while maintaining high-quality developer tools. In this episode of Category Visionaries, I spoke with Caleb Avery , Founder and CEO of Tilled , about his journey from solo founder to category creator, the challenges of competing with established players like Stripe, and how he's built a successful business by identifying and serving an underserved segment of the market.

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