Payments processor Finix secures $75m Series C funding
Finix, a US-based payments infrastructure firm, has secured $75 million in a Series C funding round co-led by Acrew Capital, Leap Global and Lightspeed Venture Partners.
The round attracted new investors Citi investors and Tribeca Venture Partners, and was supported by existing shareholders Cap Table Coalition, Inspired Capital, Insight Partners, Homebrew and others.
Founded in 2015, Finix provides no-code payment solutions, including real-time payouts, recurring billing and tokenisation services, to around 22 million businesses.
With its new funding, the firm plans to expand its workforce, enter new international markets and further develop its product offerings.
The Series C builds on a $30 million funding round raised by Finix in 2022, which was followed by the firm’s certification as a payments processor last year.
This certification has provided Finix with direct connections to major US card networks such as Mastercard, American Express, Discover and Visa.