Finexio: Closes $35 Million Series B Funding Round

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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: Closes $35 Million Series B Funding Round

  • Finexio, a leading AP Payments as a Service company, focuses on providing end-to-end AP payment capabilities
  • Announces the successful completion of an oversubscribed $35 million Series B funding round at a $100 million pre-money valuation
  • Mendon Venture Partners and National Bank Holdings Corporation co-led the financing
  • Continues to demonstrate leadership in providing unique embedded payments capabilities for AP2P software providers
  • An increasing number of financial institutions are partnering to bring improved spending management
  • Announce an oversubscribed round by leading fintech venture capital investors and leading innovative financial institutions
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