Finexio is the smart B2B payment network. The Finexio network eliminates commercial paper check spend by identifying and routing payments through a unique \'network of closed loop networks\'. Payments on the Finexio rails are seamlessly pushed into a supplier\'s bank accounts at fees substantially lower than prevailing commercial payment costs. Finexio integrates into large payment aggregators, accounts payable automation, and procurement software platforms to enable them with a more efficient payment modality.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 08/09/16 | $1,000,000 | Seed |
James R. Heistand Loeb.nyc | undisclosed |
| 01/18/18 | $4,000,000 | Series A |
James R. Heistand Loeb.nyc Mobile Financial Partners Zach Coelius | undisclosed |
| 10/15/20 | $23,000,000 | Growth |
Alpine Meridian Florida Funders Joe Proto Medalist Partners Post Road Partners Stormbreaker Ventures | undisclosed |
| 10/24/22 | $35,000,000 | Series B |
Discover Financial J.P. Morgan Mendon Venture Partners National Bank Holdings Corporation Patriot Financial Partners Trog Hawley Capital Valley Bank | undisclosed |
