Announced
Completed
Financials
Sources
Tags
Private Equity
Venture Capital
Friendly
United States
Single Bidder
FinTech
Domestic
financial sercives
fintech
Acquisition
Minority
Private
Completed
Synopsis
Mendon Venture Partners, a venture capital investment firm, and National Bank Holdings Corporation, a bank holding company, led a $35m series B funding round in Finexio, a B2B accounts payables Payments-as-a-Service company. "We are thrilled to announce an oversubscribed round by leading fintech venture capital investors and leading innovative financial institutions, particularly in a volatile market environment. Despite an uncertain period in the global economy, Finexio's team, investors, and partners are certain about the tremendous value embedded "AP Payments as a Service" is providing to large AP2P software platforms." Added Rolfson, "Finexio's high quality software embedded payments service will continue to grow triple digits in the coming years," Ernest Rolfson, Finexio Founder and CEO.
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