What is Finpay?
FinPay is a tech-enabled solution dedicated to transforming the patient financial experience and tackling the affordability crisis in American healthcare. The company achieves this by focusing on pre-care engagement, improving healthcare financial literacy, advocating for cost transparency, and providing accessible payment solutions. Their overarching mission is to rebuild consumer trust within the complex U.S. healthcare system by empowering patients with financial clarity and control.
How much funding has Finpay raised?
Finpay has raised a total of $20.1M across 3 funding rounds:
Debt
$150K
Series C
$5M
Other Financing Round
$15M
Debt (2020): $150K with participation from PPP
Series C (2020): $5M led by Montreux Growth Partners
Other Financing Round (2022): $15M supported by Montreux Equity Partners and PeakSpan Capital
Key Investors in Finpay
Montreux Equity Partners
Montreux Growth Partners specializes in investing in high growth, commercial stage companies that offer category leading products, technologies, and services. The firm focuses on accelerating the scale of its investments to drive growth. Their target clients are innovative companies looking for strategic growth investments. Montreux is committed to fostering advancements in various sectors through its investment strategies.
PeakSpan Capital
PeakSpan Capital is a growth equity firm based in New York City and Silicon Valley, specializing in partnering with growth-stage software companies. With over $2.5 billion in assets under management and a portfolio of more than 54 partnerships, they focus on delivering operational support and strategic guidance to help entrepreneurs scale their businesses effectively. Their expert community, comprising over 400 advisors, provides unparalleled expertise across various vertical markets. PeakSpan aims to be the partner of choice for entrepreneurs seeking to navigate the challenges of scaling their companies.
PPP
Public-Private Partnership
What's next for Finpay?
With the recent major strategic investment and substantial total funding, Finpay is poised for accelerated growth and expanded market penetration. The company's focus on enhancing patient financial literacy and advocating for cost transparency aligns with increasing regulatory and consumer demand for clearer healthcare economics. Future initiatives are likely to center on scaling their technology platform, forging new strategic partnerships within the healthcare ecosystem, and further developing innovative payment solutions to solidify their position as a leader in patient financial management.
See full Finpay company page
