The oversubscribed round was co-led by Mendon Venture Partners and National Bank Holdings Corporation and saw participation from banking giant JP Morgan, which came in with the largest investment. Existing investor Patriot Financial Partners and new investors Discover Financial Services, Valley Bank and Trogg Hawley Capital also participated along with a number of c-level financial services and fintech executives.
Finexio provides embedded payments capabilities for accounts payable and procurement (AP2P) software providers looking to deploy B2B payments capabilities to their clients.
