Finexio zbere 8 milijonov dolarjev za rast plačil kot storitve za globalno nabavo in programske platforme za plačljive račune (AP)

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Finexio, podjetje AP Payments-as-a-Service s sedežem v Orlandu, je danes objavilo krog rasti v višini 8 milijonov dolarjev s preseženim številom vpisanih. Fintech podjetje bo uporabilo to institucionalno financiranje za pospešitev rasti v ključnih industrijskih vertikalah, vključno z visokošolskim izobraževanjem, gostinstvom, zdravstvenim varstvom in proizvodnjo, vključilo se bo vkrcalo na nove partnerje za distribucijo AP in programske opreme za nabavo ter razširilo svojo vodstveno ekipo.

Finexio powers B2B payments infrastructure for three of the world’s top 15 largest accounts payable and procurement software platforms with an install base of 150,000 potential end-user customers, $200 billion in annual AP spend, and over 3 million suppliers. Finexio is the B2B payments platform of choice for software companies globally looking to launch a turn-key payments offering to customers efficiently and with minimal capex.

Od začetka COVID je Finexio povečal obseg plačil B2B za 500 odstotkov in dosegel rast prihodkov za 161 odstotkov zaradi svoje edinstvene ponudbe plačil z belo oznako, ki je bila na voljo vodilnim podjetjem za AP in programsko opremo za nabavo, ki iščejo plačilni izdelek za razlikovanje svojih storitev, ustvarjanje novih tokov prihodkov , in pridobite večkratnike prihodkov fintech s strani vlagateljev.

Ernest Rolfson, Founder and CEO of Finexio said, “Finexio is the leading choice for AP and procurement software platforms seeking to introduce a robust and highly differentiated B2B payments-as-a-service offering to their thousands of end-user customers. Finexio’s white label offering delivers virtual card adoption and revenue rates that exceed industry averages. Our unique value proposition and white glove service culture makes Finexio highly attractive to channel partners and end-user customers alike.”

Patriot Financial Partners, a Radnor, PA based financial services PE fund, led the financing after tracking the company’s impressive growth and business performance. Banc of California (NYSE: BANC) also invested in Finexio to expand its portfolio of product offerings for its business clients and help Finexio build out payment and related loan and deposit services.

Kirk Wycoff, Managing Partner of Patriot Financial Partners said, “Finexio presents a unique value proposition to businesses by modernizing and improving the efficiency of their accounts payable payment processes. COVID has accelerated the need to transform payables from manual to digital and Finexio has been successful in enabling businesses to move away from their archaic processes by leveraging Finexio’s modern B2B payment technology platform.”

Poleg Patriot Financial Partners in Banc of California so drugi vlagatelji v krogu še Joe Proto, Vince Passione, Ronnie Selinger, Shai Stern, Geoff Judge, Phase 2 Partners, Advection Investors, XN Ventures, Mark Abramowitz, Anil Agarwal, Ernie Pomerantz , David Truetzel, David Fogel, EOM Investments in več vodilnih direktorjev zasebnega kapitala.

As part of the transaction, Joe Proto, former Founder and CEO of Transactis (now a part of Mastercard), has become Chairman of Finexio’s Board of Directors. Proto will work with Rolfson to guide the strategic direction of the company as it scales to serve as the leading AP B2B payments platform for software companies and financial institution customers. Dolores Lare, Partner at Patriot Financial Partners has also joined the Finexio board as an observer and strategic partner.

“Businesses expect the same advantages from technology automation that consumers enjoy.  Covid has been a super catalyst for B2B digital transformation. Finexio’s growth is a testimony to the automated accounts payable strengths that we bring to our partners and customers. I am very honored to be part of the Finexio team,” said Proto.

O podjetju Finexio

Finexio, the leading AP Payments-as-a-Service company, focuses on providing end-to-end AP payment capabilities within Procurement and AP Software Platforms. This combination represents a powerful disruption to traditional, manual-based AP processes. Finexio’s modern, efficient service model, minimal process charges, and total payment solutions translate to high margin revenue streams and a strong competitive position. Learn more about Finexio at www.finexio.com ali sledite nam na LinkedIn.

O Patriot Financial Partners

Founded in 2007, Patriot Financial Partners is a private equity investment firm based in Radnor, PA focused on investments in the community banking sector with a secondary focus on financial services and financial technology firms closely related to the banking sector. Patriot’s objective is to seek superior risk-adjusted returns by applying a hands-on, value-added investment model to non-control investments.

Kontakt za medije

Trish McLoughlin
Finexio
trish@finexio.com

Vir: Finexio

Vir: https://www.newswire.com/news/finexio-raises-8m-to-grow-payments-as-a-service-for-global-procurement-21481222

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