Finexio (Seed)
Funding Details
Awarder
Inbox
Date Award
August 9, 2016
Vertical
B2B Payments
Funding Amount
$1,000,000
Company Info
Founders
Ernest Rolfson
Market
Business Payments
Location
Orlando, FL, USA
Coinvestors
James R. Heistand, Loeb.nyc
Company Description

Finexio is the smart B2B payment network. The Finexio network eliminates commercial paper check spend by identifying and routing payments through a unique 'network of closed loop networks'. Payments on the Finexio rails are seamlessly pushed into a supplier's bank accounts at fees substantially lower than prevailing commercial payment costs. Finexio integrates into large payment aggregators, accounts payable automation, and procurement software platforms to enable them with a more efficient payment modality.

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