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Commercial Payments Execution as a Service

Commercial Payments Execution as a Service

Finexio provides an electronic B2B payment platform that makes transactions easier for buyers (payer) and suppliers (payee). We do this through a patent-pending process that intelligently routes transactions through processors in order to eliminate paper checks and manual processes. This process benefits buyers and suppliers in multiple ways. For buyers, it reduces paper, saves time, cuts technology and hardware costs, and increases insights into transactions. For suppliers, Finexio allows for faster time to payment, greater visibility into transactions, improved security, and improved efficiency.

The Finexio platform leverages the existing payment rails rather than attempting to circumvent the system generating revenue collecting transaction fees from suppliers. This process eliminates manual payment entry, paperwork, delays, and uncertainty associated with check transactions. For payees who cannot accept electronic payments, Finexio electronically enrolls them on the buyer's behalf.

Ernest Rolfson

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Founder @Finexio • Worked at @Mastercard, @Change Healthcare
Total raised

$2M

Funded over

2 rounds

Latest round

Seed (Aug 2016)

Digital Project Manager

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