Finxact logo — The platform for banking, fintech and embedded finance

Finxact

The platform for banking, fintech and embedded finance

Founded 2016 United States Jacksonville, United States 189 employees Private Equity Total: $42.00M Financial Services, Fintech +2

General Information

Company Name Finxact
Founded Year 2016
Location United States Jacksonville, United States
Employees 189
Industries Financial Services, Fintech, Payments +1
Funding Stage Private Equity
Business Model B2B, Platform, API
Revenue Model Usage Based, Licensing, Service Fee
Social

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About Finxact

Finxact, founded in 2016, is a pioneering force in the financial technology sector. Positioned in the United States, the company is widely recognized as "The platform for banking, fintech and embedded finance".

At its core, Finxact offers a 100 percent open API cloud-native platform, excelling in transaction processing for both banking and fintech industries. Its distinctive feature is a robust, asset class-agnostic engine that caters to an array of currencies and time zones, ensuring vast scalability and adaptability. This innovation empowers financial institutions to seamlessly create and launch new products while harnessing the power of cloud resilience and elasticity.

Strategic financial backing is evident from their $30.00M Private Equity Round on January 25, 2019. Key investors include First Data Ventures, Accenture, Woodforest National Bank, SunTrust Bank, and LiveOak Ventures, aligning well with Finxact's mission of driving financial innovation without technological upheavals. The company operates at the intersection of Financial Services, Fintech, Payments, and Banking.

Business keywords: banking platform, embedded finance, open API, cloud-native, transaction processing, core banking solutions, omni-channel services, public cloud, private data, Core-as-a-Service, real-time banking, digital-first, agility, resiliency and elasticity

Services & Products

Cloud-native core banking platform
API-based financial services development
Payments functionality
Innovative financial product design and launch

Target Customers

Large Financial Institutions Commerce Brands Community Financial Institutions Fintech Developers

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Private Equity Round $30.00M 5
First Data Ventures, Accenture +3
25 Jan 2019
Seed Round $12.00M 1
LiveOak Ventures
09 May 2017

Finxact Alternatives & Competitors

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Finxact vs
10x Banking
10x Banking United Kingdom

The world's most powerful cloud-native core banking platform

239 employees
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Finxact vs
Zeta
Zeta United States

Next-Gen Banking and Payment Technology Service Provider

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Finxact vs
Synctera
Synctera United States

The platform powering the future of FinTech and embedded finance. Build great banking products with...

Series A
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FAQ About Finxact

The platform for banking, fintech and embedded finance
Finxact was founded in 2016.
Finxact is headquartered in Jacksonville, United States.
Finxact operates in Financial Services, Fintech, Payments and Banking. Its work centres on banking platform, embedded finance, open API and cloud-native. Its customers include Large Financial Institutions, Commerce Brands and Community Financial Institutions.
Finxact has a B2B, Platform and API business model. Its revenue comes from Usage Based, Licensing and Service Fee.
Finxact has approximately 189 employees.
Finxact has completed 2 funding rounds, raising a total of $42.00M. The latest funding stage is Private Equity.
Finxact offers: Cloud-native core banking platform, API-based financial services development, Payments functionality, Innovative financial product design and launch.
Top alternatives and competitors to Finxact include 10x Banking, Zeta, Synctera, Tuum, Griffin. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Finxact and 10x Banking 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.

Source: BounceWatch company record for Finxact, https://bouncewatch.com/company/finxact, updated 9 December 2025. When citing, please name BounceWatch and link this page.

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