Finix, the full-stack payment processor, announced it has raised $75 million in Series C funding
The initiative was spearheaded by A Crew Capital, with Leap Global and Lightspeed Venture Partners co-leading, and new investors, including Citi Ventures and Tribeca Venture Partners, joining in. Existing investors such as Homebrew, Insight Partners, Inspired Capital, and Cap Table Coalition also contributed.
Finix is a cutting-edge platform that empowers businesses to streamline their payment processes and generate revenue. It was developed by a team of experts from Klarna, PayPal, and Worldpay, and has already gained the trust of companies like Lightspeed POS Inc., Passport, and Clubessential.
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Transaction volume through PayPal for Q3 2023 grew to nearly $423 billion
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- Net income amounted to $1.01 billion, i.e. EPS was $0.99
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