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Finexio: The $48M Bet to Kill AP Checks
How a 78-person team is tackling the $30B B2B payments problem with fraud protection and automation.
While most fintechs chase consumer wallets, Finexio is surgically dismantling the $30 billion annual cost of Accounts Payable. They aren't just processing payments; they are eliminating the antiquated paper check from the corporate supply chain, one vendor at a time.
"Finexio isn't just moving money; they are moving the entire back office away from the fraud-prone, manual nightmare of paper checks."
The B2B Payments Gap
The B2B payments space is notoriously fragmented and resistant to change. Finexio targets the specific pain point of mid-market AP departments drowning in paper. With 64% of their traffic being direct, it signals a strong existing customer base returning to the platform, a rare metric in a crowded fintech landscape where most rely on paid acquisition.
Capital Efficiency
Raising $48.5M to generate $10.9M in revenue presents a capital efficiency ratio of roughly 4.4x. While this suggests they are still in a growth/investment phase, the $1M fraud protection guarantee is a strategic moat. It directly addresses the number one objection for CFOs moving to digital: security.
The keyword data reveals a focused user intent. Searches like 'how to process a payment using a finexio virtual card' indicate active user education and onboarding. This isn't a brand awareness play; it's a utility platform where users search for specific workflow solutions. The absence of massive organic search volume suggests a sales-led motion typical of enterprise B2B SaaS.
- Virtual Card Payments: Moving beyond ACH to high-rebate virtual cards.
- Fraud Protection: A $1MM guarantee to secure AP workflows.
- API-First Infrastructure: Embedded payments for platforms (Finexio's 'Payments as a Service').
The Verdict: A Strategic Acquisition Target?
With 78 employees and a solid funding runway, Finexio is positioned as a critical infrastructure layer for the $120T global B2B payments market.
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Finexio - AP Payments as a Service
Eliminate paper checks, manual payment processing, and supplier exception handling. Finexio customers seamlessly move to secure electronic payments.
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About finexio.com
Eliminate paper checks, manual payment processing, and supplier exception handling. Finexio customers seamlessly move to secure electronic payments.
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finexio.com uses 23 technologies across their website including Google Fonts, HSTS, Webflow, and more.
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finexio.com receives approximately 5.7K monthly visitors and ranks #3,345,467 globally. The website has a bounce rate of 37% with visitors viewing an average of 2.0 pages per visit. Users spend an average of 0:27 on the site.
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