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Finexio Raises $14 Million In Initial Close Of Series B, Company Valued At $100 Million

Jul 25, 2022over 3 years ago

Amount Raised

$14 Million

Round Type

series b

LondonPrivacy And SecurityFinancial ServicesMedia And EntertainmentInternet Services

Description

Finexio, the fast-growing B2B accounts payables (AP) Payments-as-a-Service company, today announces the first close of its $30 million funding round at a $100 million pre-money valuation co-led by Mendon Venture Partners and National Bank Holdings Corporation (NYSE: NBHC). Discover Financial Services (NYSE: DFS), Post Road Partners, The Banc Funds, EOM Investments, and other new and existing investors also participated in this growth round.

Company Information

Company

Locket

Location

64 AVENUE OF INDUSTRY

London, Ontario, Canada

About

Locket, the prevention-first insurance provider has opened its crowdfund to the public this week, and already secured £1m against a target of £750k. Locket is protection-first insurance that rewards you with a discount if you use smart tech to make your home more secure.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech