Aug 26, 2020 - Economy

Finix raises additional $30 million for its payments tech

Illustration of a hundred dollar bill being slid through a credit card machine.

Illustration: Aïda Amer/Axios

Finix, a San Francisco-based payments infrastructure startup, raised an additional $30 million in Series B funding from Lightspeed Venture Partners and American Express Ventures.

Why it matters: Finix, which sells its software to B2B companies like Kabbage, has benefited from the pandemic-induced online retail boom.

Go deeper: Behind Sequoia Capital's stumble with payments startup Finix

Go deeper