What is Finexio?
Finexio is a specialized Payments-as-a-Service provider headquartered in Orlando, Florida, focused on transforming the accounts payable (AP) function. By embedding end-to-end payment capabilities directly into existing AP and procurement software platforms, the company eliminates the friction typically associated with manual, paper-based payment cycles. Finexio's market position is defined by its ability to act as a seamless layer within the enterprise tech stack, enabling organizations to optimize cash flow, reduce operational overhead, and enhance vendor relationships through automated, secure, and efficient payment execution.
How much funding has Finexio raised?
Finexio has raised a total of $87.2M across 7 funding rounds:
Angel/Seed
$1M
Series A
$4M
Debt
$150K
Unspecified
$23M
Multiple Rounds
$59M
Angel/Seed (2016): $1M with participation from Loeb.nyc
Series A (2018): $4M led by Florida Funders and LOEB ENTERPRISES
Debt (2020): $150K supported by PPP
Unspecified (2020): $23M featuring Medalist Partners , LP
Unspecified (2022): $10M backed by Banc of California, Joe Proto, Mendon Venture Partners, Patriot Financial Partners, Vince Passione, and Ronnie Selinger
Series B (2022): $14M with participation from EOM Investments, National Bank Holdings, The Banc Funds, Discover, Post Road Partners, and Mendon Venture Partners
Series B (2022): $35M led by National Bank Holdings, Patriot Financial Partners, and Discover Financial Services
Key Investors in Finexio
Florida Funders
A leading venture firm in the Southeast that unifies venture capital with an investor network to support tech founders, focusing on B2B SaaS investments in sectors like Fintech, AI, and Cybersecurity.
Loeb.nyc
A unique venture collective that provides a thoughtful infrastructure to support startups, leveraging decades of expertise in building businesses from seed to scale.
National Bank Holdings
A bank holding company that operates community banking services and provides commercial lending, treasury management, and wealth services to businesses across multiple U.S. regions.
What's next for Finexio?
With the support of its latest strategic financing, Finexio is well-positioned to accelerate its product roadmap and expand its footprint within the competitive fintech sector. The company is expected to focus on deepening its integration capabilities with major procurement platforms and scaling its network of financial institution partners. As the demand for automated B2B payment solutions continues to rise, Finexio's strategic focus will likely center on enhancing its data analytics offerings and broadening its reach to serve a more diverse range of enterprise clients, thereby cementing its status as a leader in the AP automation space.
See full Finexio company page
