[Funding news] CA-based Finix Secures $75Million in Series C Round Funding

Finix, a payment processor that helps businesses accept and send payments online and in stores, has raised $75 million in a Series C funding round.

The round was led by Acrew Capital, with Leap Global and Lightspeed Venture Partners also leading. New investors like Citi Ventures and Tribeca Venture Partners joined in, along with existing investors such as Homebrew and Insight Partners.

It plans to use the money to grow its operations and develop its services. The company, led by CEO and co-founder Richie Serna, offers a complete payment processing solution for businesses.

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It provides everything needed for businesses, from startups to large corporations, to offer top-notch payment services in the US and Canada.

Various businesses, including software platforms, marketplaces, retail, and e-commerce, use Finix’s payments API and dashboard to accept payments, streamline processes, improve customer experiences, and increase revenue quickly.

About Finix

Finix makes it simple for all kinds of businesses to accept payments and send money while helping them boost their profits and cut costs.