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Finix Raises $75M to Take On Stripe as a Payment Processor

finix
  • October 27, 2024
  • Insights, Payments

Finix, a payments technology provider enabling businesses to accept and send payments online or in person, raised $75 million in funding as it positions itself to compete directly with Stripe by expanding as a payment processor. After transforming its business in 2023 to provide in-store and online payment solutions, Finix now serves a growing base, potentially over 24,000 merchants, and differentiates itself with transparent pricing and support for businesses with both digital and physical footprints. led by Acrew Capital, the Series C will fund global expansion and team growth, underscoring Finix’s commitment to capturing a larger share of the fragmented payments market.

Finix Raises $75M to Take On Stripe as a Payment Processor

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