Finexio logo — Finexio eliminates costly, manual processes from AP Payments

Finexio

Finexio eliminates costly, manual processes from AP Payments

Founded 2015 United States Orlando, United States 73 employees Series B Total: $83.50M B2B, IT +2

General Information

Company Name Finexio
Founded Year 2015
Location United States Orlando, United States +1
Founders / Decision Makers
Team member
Employees 73
Industries B2B, IT, Information Technology +1
Funding Stage Series B
Social

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About Finexio

Finexio is a B2B startup founded in 2015, based in the United States, specializing in simplifying accounts payable payments for medium and large corporates. Their slogan "Finexio eliminates costly, manual processes from AP Payments" encapsulates their mission to digitize manual paper checks and streamline AP processes. In their latest funding round, Finexio secured a substantial $35.00M Series B investment on 25 July 2022, with participation from notable investors including Mendon Venture Partners, Patriot Financial Partners, Trog Hawley Capital, Valley National Bank, Post Road Partners, The Banc Funds, NBH bank, JP Morgan, EOM Investments, and Discover. Finexio's innovative approach lies in their comprehensive Accounts Payable "Payments as a Service" solution, which harnesses proprietary analytics and robotic process automation to drive maximum conversion rates of suppliers to electronic payments. Their intelligent business-to-business payment network identifies, delivers, and supports ten forms of payment, aiming to generate revenue and cost savings for Accounts Payable departments. Moreover, the platform offers complete transparency and control of the payment process, providing a valuable solution to modern AP challenges within the corporate landscape. To learn more, interested parties can visit Finexio's website.

Taxonomy: Accounts Payable, B2B Payments, Payments Processing, Payments Automation, Intelligent Payment Routing, Least Cost Routing, Closed Loop Payments, AP Automation, Payments as a Service, Robotic Process Automation, Digital Payments, Commercial Payments, FinTech, Payment Network, Procurement Software

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 10
Investor Investor Investor Investor Investor
•••• ••••
25 Jul 2022
Venture Round •••••• 2
Investor Investor
05 Jan 2022
Venture Round •••••• 10
Investor Investor Investor
•••• ••••
25 Aug 2021
Series B •••••• 10
Investor Investor Investor Investor Investor
•••• ••••
14 Oct 2020
Venture Round •••••• - 04 Dec 2019

View All 7 Funding Rounds

Finexio Alternatives & Competitors

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Finexio vs
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FAQ About Finexio

Finexio eliminates costly, manual processes from AP Payments
Finexio was founded in 2015.
Finexio is headquartered in Orlando, United States.
Finexio operates in the following industries: B2B, IT, Information Technology, Payments.
Finexio has approximately 73 employees.
Finexio has completed 7 funding rounds, raising a total of $83.50M. The latest funding stage is Series B.
Top alternatives and competitors to Finexio include Routable, Nook, Nvoicepay, a FLEETCOR Company, TRAILD, Nexus. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Finexio and Routable are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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