Finexio Revenue & Funding (2024)

Provider of a smart B2B payment network designed to eliminate the U.S. paper check spend. The company's technology identifies which suppliers can be paid electronically and then routes payments to suppliers without requiring bank account information and eliminates paper-based checks for accounts payable departments, enabling businesses to transfer payments directly to suppliers' and sellers' bank accounts at discounted rates, thereby helping to avoid swiped payments, cash transaction costs and currency conversion charges.