Payble’s 50th local government customer - OIF increases investment

Highlights

• Payble announces 50^th local government customer contract
• Growth backed by further investment of $1.6m from OIF Ventures
• Milestone demonstrates real demand for better payment experience in local government

3 September 2025 – Payble, the world’s first payment experience platform for local government, today announced it has signed its 50th local government customer contract, a milestone that includes four New Zealand councils following its expansion earlier this year.

The growth has been backed by further investment from OIF Ventures, who have increased their shareholding in the company with a $1.6m secondary share purchase. The increased investment underlines their strong confidence in the company’s product, growth trajectory and market opportunity.

Since launching, Payble has helped councils across Australia and New Zealand improve financial sustainability, reduce manual workloads, and provide better payment experiences for ratepayers.

With over 200,000 residents already using Payble, the platform has achieved an average 4.8 out of 5 user rating and an industry leading NPS. Building on this momentum, the company will explore a UK launch in 2026.

_{Commenting on today’s announcement, Elliott Donazzan, Founder & CEO of Payble said:}

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“This milestone shows the real demand for better payment experiences in local government. Councils are under pressure to reduce costs and serve communities more effectively, and Payble is helping them do both. Having OIF increase their stake is a strong vote of confidence, and we’re thrilled to keep building on this momentum together, including exploring expansion into the UK next year.”

_{Oliver Darwin from OIF Ventures said:}

“We’ve backed Payble since the early days because we could see the enormous potential to transform how communities engage with their councils. Reaching 50 council customers so quickly, including strong traction in New Zealand, is proof of both product-market fit and an outstanding team. We’re excited to increase our investment and support Payble as it continues its growth journey.”

About Payble
_{Payble is the world’s first payment experience platform for local government, working with more than 50 councils across Australia and New Zealand. Payble helps councils improve cash flow, reduce costs, and provide better services to their communities. The platform is uniquely compatible with leading ERP and billing systems, ensuring smooth implementation and long-term reliability.}