Finexio provides AP payments as a service for CFOs and finance teams. It leverages proprietary analytics and robotic process automation to drive maximum conversion rates of suppliers to electronic payments. Finexio was founded in 2015 and is based in Orlando, Florida.
ESPs containing Finexio
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
Accounts payable (AP) automation software companies use AI and machine learning to automate the entire AP process, from invoice to payment to reconciliation, with the aim of reducing manual processes and avoiding human errors. Other AP automation solutions streamline vendor management processes, improve tax compliance form efficiency, and support international supplier invoicing.
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Finexio's Products & Differentiators
Finexio's signature payments solution eliminates the work of making payments. Finexio analyzes your supplier payment history to identify cash flow benefits and best method of payment, reduces cost per payment, best in class security for all payment methods, educates and onboards suppliers.
Research containing Finexio
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CB Insights Intelligence Analysts have mentioned Finexio in 1 CB Insights research brief, most recently on Nov 7, 2022.
Expert Collections containing Finexio
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Finexio is included in 4 Expert Collections, including Robotic Process Automation.
Robotic Process Automation
RPA refers to the software-enabled automation of data-intensive tasks that are low-skill but highly sensitive operationally, including data entry, transaction processing, and compliance.
Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.
Latest Finexio News
Nov 1, 2022
Client News SLS Client Finexio Raises Series B Round by Mendon Venture Partners and National Bank Holdings Corporation and Others November 1, 2022 Silicon Legal represented Finexio as they raised a $35 million Series B round. Finexio is a B2B accounts payables (AP) Payments-as-a-Service company that works to eliminate paper checks and add efficiency to supplier payments processes.. The oversubscribed round was co-led by Mendon Venture Partners and National Bank Holdings Corporation, and included new investors J.P. Morgan, Discover Financial Services, Valley Bank, Trogg Hawley Capital LLC and others as well as existing investors such as Patriot Financial Partners.
Finexio Web Traffic
Finexio Frequently Asked Questions (FAQ)
When was Finexio founded?
Finexio was founded in 2015.
Where is Finexio's headquarters?
Finexio's headquarters is located at 924 N Magnolia Avenue, Orlando.
What is Finexio's latest funding round?
Finexio's latest funding round is Series B - II.
How much did Finexio raise?
Finexio raised a total of $83.5M.
Who are the investors of Finexio?
Investors of Finexio include Patriot Financial Partners, Mendon Venture Partners, National Bank Holdings, Discover Financial Services, J.P. Morgan & Co. and 32 more.
Who are Finexio's competitors?
Competitors of Finexio include Nexus Systems, Settle, OnPay Solutions, Aavenir Software, Fenbeitong and 14 more.
What products does Finexio offer?
Finexio's products include FinexioPay and 3 more.
Who are Finexio's customers?
Customers of Finexio include Clark Hill, RxSense and Morgan & Morgan.
Compare Finexio to Competitors
Stampli provides cloud-based interactive invoice management software that streamlines the entire accounts payable process and centralizes the communication on a specific invoice. Featuring a collaborative user interface, the solution integrates with Enterprise Resource Planning systems including NetSuite, Sage Intacct, QuickBooks, SAP and more.
Tipalti provides a cloud based technology platform aimed at mid-market companies, who have traditionally been underserved by banks, to streamline all phases of the global accounts payable workflow. The solution streamlines and optimizes businesses' end-to-end global payables workflow, while giving companies access to cross border payments, currency conversion, and payments across a wide range of methods.
PredictAP automates the accounts payable and payment processing needs of large real estate investment funds and property managers.
Settle offers accounts payable software and working capital solutions for commerce brands to help them better manage cashflow. Settle also offers accounting integrations to track invoices in Quickbooks or Xero. Their solution also enables ecommerce merchants to schedule, pay or split invoice payments and assign approvers from an organization. Settle was founded in 2019 and is based in San Francisco, California.
Nivo1 offers accounts payable automation software for middle market companies.
Fenbeitong is a fintech company focused on enabling SMBs across expense management solutions. Fenbeitong provides pre-spend and post-spend management solutions of expenditure incurred in T&E, benefits and allowances, and procurement and bill pay, streamlining account payable process and helping expense management and optimization with better employee experience. Moreover, Fenbeitong also manages to enable challenger banks in small financing, deposit, and remittance business, more like Alipay B2B service.
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