Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →
Payfinia secures investment from Patelco Credit Union as part of a strategic partnership. This investment will help shape the future of embedded payments.
PRIVATEAug 03, 2026•6 days ago
Round Type
Venture - Series Unknown
PortlandFinancial ServicesPaymentsFintechLending
Investors
Patelco Credit Union
Description
Payfinia announced a strategic partnership with Patelco Credit Union, which included an investment in the Payfinia Credit Union Service Organization (CUSO). Patelco's Chief Technology Officer, Kal Majmundar, will join the Payfinia CUSO Board of Directors. This partnership aims to enhance the embedded payments framework. The investment will support Payfinia's growth and innovation in the payments sector.
Company Information
Company
Payfinia
Location
Portland, Oregon, United States
About
Payfinia is an independent payments company designed to democratize instant payments and provide community financial institutions (CFIs) access to and ownership of their instant payments services. Its flagship offering, the Instant Payments Xchange (IPX), is a comprehensive real-time money movement service. Payfinia collaborates with third-party digital providers to integrate instant payments with traditional payment solutions, enhancing the technological capabilities of service providers. The company aims to build an ecosystem that supports the diverse needs of community financial institutions.
PortlandFinancial ServicesPaymentsFintechLending