Finix news and trends

Vroom Delivery and Finix Team on Convenience Store Payments
Retail // April 08, 2024

Convenience store commerce platform Vroom Delivery has launched a partnership with payment processor Finix. The collaboration, announced Monday (April 8), is centered around the creation of a new tool called Pay360, which the companies say is the first online payment solution designed for the convenience store sector, allowing for the...

Payments Tech Firm Finix Raises $30M
Investments // August 10, 2022

Payments technology company Finix has raised $30 million in new capital, bringing the firm’s total funding to $133 million. “Finix raised at an increased valuation despite the more challenging economic environment this year,” the company said in a news release Wednesday (Aug. 10). Backers of...

Finix Passes $100 Million In Funding, Adds Execs
Personnel // February 24, 2021

Payments infrastructure company Finix, which works to help vertical software-as-a-service (Saas) companies, has surpassed $100 million in total funding, according to a press release, and will be putting 10 percent of its most recent funding round toward Black and Latinx investors. In addition, to match...

Finix Raises $75M In Series B Funding
Investments // August 26, 2020

Finix has extended its Series B funding round to $75 million, according to a company blog post. The total funding is now $96 million for the company, which helps other firms transition to digital payments. The round was led by Lightspeed Venture Partners. American Express...

Interviews & Exclusives
Finix CEO: Why Every Software Platform Should Be A PayFac

July 19, 2019
Every firm its own payments processor? Finix, a payments infrastructure firm focused on giving companies what it terms “ownership” of  the payments stack, said that it had closed on a $17.5 million Series A funding round that was led by Bain Capital ventures. Additional participation came from Insight Partners, Aspect Ventures and Visa along with […]

Quick Reads
Finix Launches Tool to Onboard Merchants for Payment Acceptance

April 17, 2024
Full-stack payment processor Finix has launched a solution that allows businesses to onboard merchants for payment acceptance in a streamlined way.  The new Merchant Underwriting solution also ensures that the businesses remain current with evolving regulations from governments, card networks and sponsor banks, the company said in a Wednesday (April 17) press release. “We developed this technology to increase […]

Vroom Delivery and Finix Team on Convenience Store Payments

April 08, 2024
Convenience store commerce platform Vroom Delivery has launched a partnership with payment processor Finix. The collaboration, announced Monday (April 8), is centered around the creation of a new tool called Pay360, which the companies say...

Payments Tech Firm Finix Raises $30M

August 10, 2022
Payments technology company Finix has raised $30 million in new capital, bringing the firm’s total funding to $133 million. “Finix raised at an increased valuation despite the more challenging economic...

Finix Passes $100 Million In Funding, Adds Execs

February 24, 2021
Payments infrastructure company Finix, which works to help vertical software-as-a-service (Saas) companies, has surpassed $100 million in total funding, according to a press release, and will be putting 10 percent...