Businesses everywhere are turning to digital payments and software to manage the challenges—and take advantage of the opportunities—brought on by COVID-19. Over the past few months, Finix has helped our customers quickly adjust payments offerings to serve small businesses in new ways and handle the unprecedented demand in eCommerce. In fact, we’ve recently quadrupled the payments volume our customers process through our platform. While COVID accelerated the adoption of digital payments, we believe the trend of vertical Software-as-a-Service (SaaS) providers embedding payments into their applications has only just begun. To match this acceleration and prepare our customers for the future, we’ve raised an additional $30M (as an extension of our Series B) led by Lightspeed Venture Partners with American Express Ventures' participation.
This new capital allows us to continue bringing on top-tier talent and more quickly pursue our goal of turning all software companies into payments companies. Just over a year ago, Finix was only 15 people. Today, we have over 80 Finixians—including recent hires from PayPal and Dropbox—committed to building the best payment infrastructure possible for our customers. Our growing and diverse customer base includes mobility management platform, Passport Labs, private club management software platform, Clubessential, retail point-of-sale company, Lightspeed POS, and more. SaaS companies like these are using Finix APIs to build and manage business-critical payments experiences to reduce cost, increase flexibility, and accelerate time to market. We’re proud that as more and more software companies adopt Finix’s offerings, it’s ultimately small businesses using SaaS tools that benefit.
- BlogPublished 02.26.20
Finix Named to Forbes Fintech 50The Forbes Fintech 50 has come to be the definitive ranking of the world's most innovative financial technology companies changing the way people save, spend, and invest. We're honored to have been selected for this exclusive list alongside several fintech pioneers, many of whom we admire– and even a few we partner with. While winning awards isn't a worthy goal in its own right, we feel our selection this year affirms the undeniable trend that payments is fast becoming a core component of every software company. In 2019, we tripled headcount and raised over $50 million from Sequoia Capital, Bain Capital Ventures, Visa, and others to pursue this vision and build infrastructure for the next generation of billion-dollar payments companies.
- BlogPublished 12.21.21
Finix Wins the 2021 Enabling Technology Leadership Award in Payments from Frost & Sullivan!The team at Finix is excited to announce that we have won the 2021 Enabling Technology Leadership Award in Payments from Frost & Sullivan! We want to bask in the glow of this award for a little bit...but also want you to know that this is an excellent indicator of Finix’s position as an innovator in payments technology. The report details how Finix is on a mission to make financial services more accessible, starting with payments processing infrastructure that allows platforms to own more of the payments experience and profit.