Finexio Completes $10M Over-Subscribed Funding Round To Grow 'Payments-As-A-Service' For Financial Institutions And Procurement Software Platforms
Finexio Completes $10M Over-Subscribed Funding Round To Grow 'Payments-As-A-Service' For Financial Institutions And Procurement Software Platforms
01/05/22, 12:30 PM
Location
orlandoMoney raised
$10 million
Finexio, the fast-growing Accounts Payable (AP) Payments-as-a-Service company, today announced the completion of its double over-subscribed $10 million funding in partnership with new investor Mendon Venture Partners that provided incremental growth capital to meet demand for digital AP business-to-business (B2B) payments services.
Company Info
Location
orlando, florida, united states
Additional Info
Finexio, the leading AP Payments-as-a-Service company, focuses on providing end-to-end AP payment capabilities within Procurement and AP Software Platforms. This combination represents a powerful disruption to traditional, manual-based AP processes. Finexio's modern, efficient service model, minimal process charges, and total payment solutions translate to high margin revenue streams and a strong competitive position. Learn more about Finexio at www.finexio.com or follow us on LinkedIn.