Finexio, an accounts payable payments-as-a-service platform, recently raised $10M in a funding round with participation from Mendon Ventures BankTech Fund and Patriot Financial Partners. The company previously raised $8M in August 2021 to expand into new verticals including higher education, hospitality, healthcare, and manufacturing. Finexio is focused on creating a modern treasury experience and looks to facilitate rich, personalized buyer and supplier interactions.
Finexio raises $10M for ‘Payments-as-a-Service’ growth