Finxera
Latest round
- Series B
Last raised
- Jul 2009
Total raised
- $11M
Investors
- 5
About Finxera
Founded in 2008 in San Mateo, US, Finxera operates as a payment solutions provider, supporting companies in managing their financial transactions. The company was acquired by Priority Technology Holdings, Inc.000 mn, completed in September 2021.Finxera, now part of Priority Technology Holdings, offers a robust suite of payment solutions designed to facilitate the collection, storage, and transfer of funds at scale. The company's core offerings revolve around a comprehensive native platform that enables businesses to manage financial transactions seamlessly. This platform is utilized by various sectors including e-commerce, retail, and financial services, catering to a diverse client base that ranges from small businesses to large enterprises. Finxera's technology provides innovative solutions for payment processing, enabling clients to enhance their operational efficiency and improve customer experience by reducing transaction times and costs.Finxera generates revenue primarily through its transaction-based model, where clients are charged fees for services rendered via its payment processing platform. This structure typically involves a combination of per-transaction fees and subscription rates for ongoing access to the platform's features and capabilities. The company serves both B2B and D2C segments, providing payment solutions that cater to retailers and online merchants. Transactions facilitated by Finxera may include electronic funds transfers and billing services, allowing businesses to manage cash flow effectively.Following the recent acquisition in March 2021, Finxera plans to enhance its product offerings and expand its market presence. The company aims to introduce new products that leverage the capabilities of Priority Technology Holdings, although specific release dates are not yet disclosed. Additionally, Finxera is targeting expansion into European markets, with plans to penetrate these regions by 2023.
Who invested in Finxera
5 investors across 2 rounds
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Questions about Finxera
Who invested in Finxera?
Finxera has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Finxera raised?
Finxera has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Finxera last raise money?
Finxera's most recent round on record is a Series B, in Jul 2009.
What does Finxera do?
Founded in 2008 in San Mateo, US, Finxera operates as a payment solutions provider, supporting companies in managing their financial transactions.
Where is Finxera headquartered?
Finxera is headquartered in San Mateo, US.
Which VCs invest in companies like Finxera?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Finxera's stage. Their profiles are linked below.
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