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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

Finix raises additional $30 million for its payments tech

The startup has benefitted from the pandemic-induced online retail boom.

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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: <a class="gtmContentClick" data-vars-link-text="Behind Sequoia Capital&#x27;s stumble with payments startup Finix" data-vars-click-url="https://www.axios.com/sequioa-capital-finix-d4307f3e-7280-4141-a09b-59abe1fc82f7.html" data-vars-content-id="905b7c5f-a2c3-42d2-bdef-d28e113cf2dc" data-vars-headline="Finix raises additional $30 million for its payments tech" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/sequioa-capital-finix-d4307f3e-7280-4141-a09b-59abe1fc82f7.html" target="_self">Behind Sequoia Capital&#x27;s stumble with payments startup Finix</a>

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