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Finexio: Completes $10 million funding round

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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

Finexio: Completes $10 million funding round

  • Finexio is “AP Payments as a Service” infrastructure company powering many of the world’s largest accounts payable
  • Mendon Venture Partners is a venture capital investment firm focused on the intersection of innovative technology
  • Patriot Financial Partners is a private equity investment firm based in Radnor, PA, focused on investments
  • Announced the completion of its double over-subscribed $10 million funding in partnership with new investor Mendon Venture Partners
  • This expansion in serving financial institutions complements already deploying at scale white label payment solutions
  • Mendon Ventures BankTech Fund, a recently launched fintech fund designed to help regional and community banks
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