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Finexio

company

About

Finexio offers a smart B2B payment network system for buyers and sellers which links payment rails to automate commercial payments.

  • 1 - 10

Highlights

Total Funding Amount
$70M
Funding Rounds
4
Investors
5

Details

Last Funding Type
Series B
Last Funding Money Raised
$35M
Industries
B2B,Information Services,Information Technology,Payments
Founded date
Jan 1, 2015
Number Of Employee
1 - 10
Operating Status
Active

Finexio is the smart B2B payment network. The Finexio network eliminates commercial paper check spend by identifying and routing payments through a unique “network of closed loop networks”. Payments on the Finexio rails are seamlessly pushed into a supplier’s bank accounts at fees substantially lower than prevailing commercial payment costs. Finexio integrates into large payment aggregators, accounts payable automation, and procurement software platforms to enable them with a more efficient payment modality

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$70M
Finexio has raised a total of $70M in funding over 2 rounds. Their latest funding was raised on Oct 24, 2022 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 24, 2022 Series B $35M 3 JP Morgan — Detail
Aug 25, 2021 Series Unknown $8M 2 — — Detail
Oct 14, 2020 Series B $23M 1 — — Detail
Jan 9, 2018 Series A $4M 1 — — Detail

Investors

Number of Lead Investors
Number of Investors
1
5
Finexio is funded by 5 investors. JP Morgan and Post Road Partners are the most recent investors.
Investor Name Lead Investor Funding Round
JP Morgan Yes Series B
Post Road Partners — Series B
EOM Investments — Series B
Phase 2 Partners — Series Unknown
Mobile Financial Partners — Series A
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