Finexio, the fast-growing B2B accounts payables Payments-as-a-Service company, 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. J.P. Morgan was the largest investor in the growth round. Existing fintech investor Patriot Financial Partners participated in addition to new investors Discover Financial Services (NYSE: DFS), Valley Bank, Trogg Hawley Capital LLC, and other leading financial services and fintech C-suite executives.