Finix raises $75M Series C funding led by Acrew Capital

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Here's a summary of what the company has accomplished recently:Became a registered payment facilitator to support software platforms of all sizes—from $0 to over $1B+ in total payments volumeExpanded its suite of in-person payment devices and capabilitiesLaunched many features that help software platforms manage payment operations while increasing revenue and decreasing costsPowered billions of dollars in total annual payments volume on its platformDoubled total annual payments volume from 2020 to 2021Grew to support over 12,000 active sub-merchants each monthHandled billions of API calls with 99.999% uptimeTo put this in perspective, if you compared Finix to Nilson's 2021 list of top US merchant acquirers, the company would rank in the top 50 based on total payments volume and merchant count. Finix provides payments technology to software platforms such as Lightspeed POS Inc., Passport, and Kabbage from American Express. Finix is a leading example of the type of state-of-the-art payments infrastructure provider that makes this embedded experience possible. Finix is dedicated to becoming the payments provider of choice for software platforms and is well on its way, with Q2 2022 being the company's best quarter ever in terms of new deals closed. Headquartered in San Francisco, with an additional office in Chicago, Finix is a privately held company with funding from American Express Ventures, Bain Capital Ventures, Homebrew, Insight Partners, Inspired Capital, Lightspeed Venture Partners, Sequoia Capital, Visa, and others.