HomeBankingLockstep: Announces Strategic Investment From Amex Ventures

Lockstep: Announces Strategic Investment From Amex Ventures

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Lockstep: Announces Strategic Investment From Amex Ventures

  • Lockstep connects the world’s accounts receivable (AR) and accounts payable (AP) departments so they can work better together
  • American Express is a globally integrated payments company, providing customers with access to products, insights
  • The investment, which finishes out the A+ round, will be used to expand personnel in the product, engineering, and marketing
  • Announced their Series A in February of this year led by Point72 Ventures with participation from Clocktower Ventures
  • Integrates with cloud and on-premise Enterprise Resource Planning and accounting solutions
  • Seeks to modernize businesses where it is needed most – accounting and finance departments
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