Finexio Receives $1,000,000 Seed Financing Round

  • Feed Type
  • Date
    8/10/2016
  • Company Name
    Finexio
  • Mailing Address
    55 E. 3rd Ave. San Mateo, CA 94401 USA
  • Company Description
    Finexio is the smart B2B payment network. The Finexio network eliminates commercial paper check spend by identifying and routing payments through a unique network of closed loop networks.
  • Website
    http://www.finexio.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,000,000
  • Transaction Round
    Seed
  • Proceeds Purposes
    This round of investment will allow Finexio to further enhance its payment platform and develop additional integrations to extend its reach beyond the several hundred thousand suppliers already payable on the Finexio rails.
  • M&A Terms
  • Venture Investor
    Investor
  • Venture Investor
    Loeb Enterprises
  • Venture Investor
    Undisclosed