Monday, November 28, 2022

Finexio Closes $35 Million Series B Funding Round

Oversubscribed round co-led by Mendon Venture Partners and National Bank Holdings Corporation, and included new investor J.P. Morgan

Finexio Closes  Million Series B Funding Round
Finexio

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ORLANDO, Fla. - October 24, 2022 - (Newswire.com)

Finexio, the fast-growing B2B accounts payables (AP) Payments-as-a-Service company, today announces the successful completion of an oversubscribed $35 million Series B funding round at a $100 million pre-money valuation.  Mendon Venture Partners and National Bank Holdings Corporation (NYSE: NBHC) co-led the financing.  J.P. Morgan was the largest investor in the growth round. Existing fintech investor Patriot Financial Partners participated in addition to new investors Discover Financial Services (NYSE: DFS), Valley Bank (NASDAQ:VLY), Trogg Hawley Capital LLC, and other leading financial services and fintech C-suite executives.

Finexio continues to demonstrate leadership in providing unique embedded payments capabilities for Accounts Payable and Procurement (AP2P) software providers that are seeking to quickly deploy robust, secure, and effective business-to-business (B2B) payments capabilities to their clients. An increasing number of financial institutions are partnering with Finexio to bring improved spend management and electronic spend conversion capabilities to their medium and large-sized corporate clients and wholesale bank customers.

Ernest Rolfson, Finexio Founder and CEO, said, "We are thrilled to announce an oversubscribed round by leading fintech venture capital investors and leading innovative financial institutions, particularly in a volatile market environment. Despite an uncertain period in the global economy, Finexio's team, investors, and partners are certain about the tremendous value embedded "AP Payments as a Service" is providing to large AP2P software platforms." Added Rolfson, "Finexio's high quality software embedded payments service will continue to grow triple digits in the coming years."

Joe Proto, Finexio's Chairman and serial fintech entrepreneur, added, "On behalf of all of us at Finexio, we are so honored to welcome our well known and respected Series B investors. We are very grateful to all our clients, employees and shareholders for their commitment to our success and proud of our new world-class investors joining us to complete this round."

About Finexio

Finexio, a leading AP Payments as a Service company, focuses on providing end-to-end AP payment capabilities embedded within Accounts Payable and Procure to Pay (AP2P) Software Platforms. The embedded nature of Finexio's solution represents a powerful disruption to traditional, manual-based AP processes. Finexio's modern, efficient service model, minimal process charges, and breadth of payment solutions translate to high-margin revenue streams and a strong competitive position for AP2P partners seeking to provide payment offerings to their end users. Learn more about Finexio at www.finexio.com or follow us on LinkedIn.


Contact Information:
Patrick Edmonds
Chief Marketing Officer
[email protected]


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Original Source: Finexio Closes $35 Million Series B Funding Round
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Stacey Hill’s New Book ‘Where is Change?’ is a Poignant Journey That Follows 2 Young Girls Who Learn All About Change and the Ways...

ODENTON, Md. - November 21, 2022 - (Newswire.com)

Fulton Books author Stacey Hill, a change management consultant whose passions are helping to support people through their change journey, has completed her most recent book "Where is Change?": a charming tale of two young girls who discover how change can impact different aspects of one's life, and the ways that it can make people feel.

"Changes occur throughout our lives, and we frequently fear them," writes Hill. "We dread the impact that change will have on our daily lives and what we formerly considered normal. Beginning early discussions about change with our children can aid in guiding them through the path of change, allowing them to develop confidence, resiliency, and a secure environment to communicate their emotions when experiencing change."

Published by Fulton Books, Stacey Hill's book is a powerful tool for parents and guardians to help discuss with young readers what change is and help them navigate their reactions to changes in their lives. Ultimately, Hill hopes her tale will help children grow more open to change and see the positives that any kind of change can bring about.

Readers who wish to experience this touching work can purchase "Where is Change?" at bookstores everywhere, or online at the Apple iTunes store, Amazon, Google Play, or Barnes & Noble.

Please direct all media inquiries to Author Support via email at [email protected] or via telephone at 877-210-0816.


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Media Relations
[email protected]


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Original Source: Stacey Hill's New Book 'Where is Change?' is a Poignant Journey That Follows 2 Young Girls Who Learn All About Change and the Ways It Can Impact One's Existence
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