Finix announces conclusion of $30m funding round

Payments technology company for software platforms Finix has announced the conclusion of a $30 million funding round led by new and existing investors.

Finix's mission is to create the most accessible financial services ecosystem in history, starting with payments, the company said.

Investors for the latest funding round included American Express Ventures, Bain Capital Ventures, and Franklin Templeton, bringing the San-Francisco-based company’s total funding to $133 million.

Commenting on the latest funding round, Matt Harris, Finix board member and managing director at Bain Capital, said: "The next generation of FinTech is all about businesses embedding financial services when and where their customers need them most.”

He added: “Finix is a leading example of the type of state-of-the-art payments infrastructure provider that makes this embedded experience possible. BCV is proud to continue to support its growth."

Over the next few months, Finix has said it plans to announce more features to help software platforms better manage their payments and merchants.

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