# Finix Payments Startup profile on Capital Atlas: https://capitalatlas.ai/startups/finix-payments - Industry: Financial Services - Headquarters: San Francisco, US - Website: www.finix.com/ - Total disclosed funding: $259M - Latest round: Series C (Aug 29, 2024) - Investors on record: 24 ## About Finix Payments, Inc. is a payment solutions provider based in the US, delivering seamless transaction processing and integration for businesses across various industries, including e-commerce and healthcare.Founded in 2015, Finix Payments, Inc. operates as a payment solutions provider, focusing on enhancing transaction capabilities for diverse businesses. The company is headquartered in San Francisco, US. Its founders include Anne Bingham, Dieter Gerber, Fabio Caputo, Mats Myncke, and Richie Serna. Finix has raised a total of USD 133.33 mn, with its latest funding being a Series C round completed on August 29, 2024. The round was co-led by LEAP Global Partners and notable investors such as Acrew Capital and Lightspeed Venture Partners participated. The company has completed 9 deals to date, and its current valuation stands at USD 6030.70 mn.Finix provides a comprehensive suite of payment solutions designed for businesses of varying sizes across multiple industries, including e-commerce, retail, healthcare, financial services, and entertainment. Their offerings include Business Payments, enabling transactions for merchants, PayFacs & Platforms for seamless payment processing integration, Payouts for recipient disbursements, automated Merchant Underwriting for faster onboarding, and Billing Solutions for recurring payments management. Leveraging advanced APIs and customizable features, Finix enhances user experience and operational efficiencies, serving clients across the US, Canada, and select markets in Europe and Latin America.Finix’s revenue model is transaction-based, generating income from payments processed through its platform. The company applies various fee structures to transactions, including international charges and discounts based on transaction volumes. Clients, including e-commerce businesses and healthcare providers, engage with Finix for payment processing via its advanced platform, ensuring a steady revenue stream influenced by transaction volumes. Tailored pricing plans support both individual businesses and larger marketplaces, optimizing their payment strategies. Key services, such as automated Merchant Underwriting and flexible Payouts, contribute to client retention and business growth.In August 2024, Finix Payments, Inc. secured USD 133.33 mn in Series C funding to bolster its product offerings and expand its platform to meet rising demand. The company plans to introduce new product features and enhance its service capabilities. Further, it is targeting expansion into new markets, particularly in Latin America and Europe, by the end of 2025. The recent funding will support these initiatives, allowing Finix to address the increasing requirements of its client base and improve operational efficiencies. ## Funding rounds - Series C, Aug 29, 2024, $133M — Lightspeed Venture Partners, Insight Partners, Tribeca Venture Partners, Citi Ventures, Homebrew, SB Investment Advisers, LEAP Global Partners, Inspired Capital, Acrew Capital, Cap Table Coalition - Series B, Jul 7, 2022, $30M — Lightspeed Venture Partners, Bain Capital, Insight Partners, American Express Ventures, PSP Partners, Homebrew, Franklin Templeton, Precursor Ventures, VamosVentures, Inspired Capital, Acrew Capital, Cap Table Coalition, The General Partnership - Series B, Aug 26, 2020, $30M — Lightspeed Venture Partners, American Express Ventures - Series B, Mar 9, 2020, $10M — PSP Partners, Inspired Capital - Series B, Feb 4, 2020, $35M — Bain Capital, Hong Shan, Activant Capital, Inspired Capital, Acrew Capital - Series A, Jul 16, 2019, $18M — Bain Capital, Insight Partners, Visa Inc., Homebrew, Aspect Ventures, Precursor Ventures, Act One Ventures - Seed, Oct 10, 2017, $3.5M — Homebrew, Village Capital, Precursor Ventures, Act One Ventures, Class 5 ## Investors - Homebrew (https://capitalatlas.ai/funds/homebrew) — Seed, Series A, Series B, Series C - Village Capital (https://capitalatlas.ai/funds/village-capital) — Seed - Precursor Ventures (https://capitalatlas.ai/funds/precursor-ventures) — Seed, Series A, Series B - Act One Ventures (https://capitalatlas.ai/funds/act-one-ventures) — Seed, Series A - Class 5 (https://capitalatlas.ai/funds/class-5) — Seed - Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series A, Series B - Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series A, Series B, Series C - Visa Inc. — Series A - Aspect Ventures (https://capitalatlas.ai/funds/aspect-ventures) — Series A - Hong Shan — Series B - Activant Capital (https://capitalatlas.ai/funds/activant-capital) — Series B - Inspired Capital (https://capitalatlas.ai/funds/inspired-capital) — Series B, Series C - Acrew Capital (https://capitalatlas.ai/funds/acrew-capital) — Series B, Series C - PSP Partners (https://capitalatlas.ai/funds/psp-partners) — Series B - Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series B, Series C - American Express Ventures (https://capitalatlas.ai/funds/american-express-ventures) — Series B - Franklin Templeton (https://capitalatlas.ai/funds/franklin-templeton) — Series B - VamosVentures (https://capitalatlas.ai/funds/vamosventures) — Series B - Cap Table Coalition (https://capitalatlas.ai/funds/cap-table-coalition) — Series B, Series C - The General Partnership (https://capitalatlas.ai/funds/the-general-partnership) — Series B - Tribeca Venture Partners (https://capitalatlas.ai/funds/tribeca-venture-partners) — Series C - Citi Ventures (https://capitalatlas.ai/funds/citi-ventures) — Series C - SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series C - LEAP Global Partners (https://capitalatlas.ai/funds/leap-global-partners) — Series C