How much did Finix raise?

Finix raised $100 Million in a Funding Round round on February 24, 2021.

Where is Finix based and how big is it?

Finix is based in San Francisco, California, United States. Fundz records about 51 employees.

Who are the decision-makers at Finix?

Fundz holds 3 contacts at Finix, including the People Operations Partner. Names and contact details are shown to Fundz members.

Finix Exceeds $100M in Funding and Adds Execs from Google, Tesla, and Uber to its C-Suite

PRIVATEFeb 24, 2021

Amount Raised

$100 Million

Round Type

Funding Round

San FranciscoFinancial ServicesSoftwarePaymentsFintech

Description

Finix, the payments infrastructure company helping vertical SaaS companies transform their businesses through payments, surpassed $100M in total funding, allocating 10% of its most recent funding round for Black and Latinx investors. Matching its financial growth, the company hired three senior executives to Chief Technology Officer, Chief Operations Officer, and Senior VP of Revenue roles.

Quick answer

Finix raised $100 Million in a Funding Round round, dated February 24, 2021. Finix is based in San Francisco, California, United States.

How much did Finix raise?: Finix raised $100 Million in a Funding Round round on February 24, 2021.
What does Finix do?: 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..
Where is Finix based and how big is it?: Finix is based in San Francisco, California, United States. Fundz records about 51 employees.
Who are the decision-makers at Finix?: Fundz holds 3 contacts at Finix, including the People Operations Partner. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Payments around the same time

Companies in the same sectors as Finix that raised within 45 days of this round, from Fundz verified event records.

BrightPlan Group raised $9.5M (Series A) on April 1, 2021.
Nucleus Security raised $3.5M on March 12, 2021.
Stori raised $32M (Series B) on February 25, 2021.
BharatPe raised $108M (Funding Round) on February 23, 2021.
Voya Investment Management raised an undisclosed amount on February 12, 2021.
PPRO raised $180M (Funding Round) on January 19, 2021.

Who to call at Finix, and when

A new round usually means Finix is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Finix

Location

San Francisco, California, United States

About

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.

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Related People

3 contacts

Verified contactsClaire V., People Operations Partner hidden hidden hiddenSee plans and pricing

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Finix raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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