Finexio

Finexio

Monetizes accounts payable through payment optimization

Overview

Finexio helps businesses optimize and monetize accounts payable by connecting its platform to existing software to streamline payments. It analyzes AP payment histories to identify working capital savings and the best payment methods, offering ten domestic and international options. Revenue comes from serving 50,000+ companies and turning AP into a profit center, including an upfront no-cost early payment program for suppliers. The goal is to improve cash flow, reduce administrative work, and strengthen supplier relationships.

About Finexio

Simplify's Rating
Why Finexio is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Fintech

Financial Services

Company Size

11-50

Company Stage

Debt Financing

Total Funding

$107.5M

Headquarters

Orlando, Florida

Founded

2015

Get referred to Finexio

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • July 27, 2026 MassPay partnership launches cross-border AP payments in late summer 2026.
  • Craftable partnered with Finexio on January 15, 2026, showing vertical expansion momentum.
  • Finexio's July 2026 PYMNTS work says 91% of mid-sized firms want AP automation against fraud.

What critics are saying

  • Ernest Rolfson stepped down July 14, 2026; Chris Wyatt is only interim CEO.
  • Tipalti, BILL, AvidXchange, and Bottomline crowd AP payments with deeper product suites.
  • Finexio depends on partners like MassPay and embedded software vendors; one channel shift breaks distribution.

What makes Finexio unique

  • Finexio embeds AP payments inside procure-to-pay suites, not standalone portals.
  • Chris Wyatt says Finexio processed $7 billion annually across 500,000 suppliers in July 2026.
  • MassPay gives Finexio 180-country, 80-currency cross-border reach without rebuilding domestic workflows.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$107.5M

Above

Industry Average

Funded Over

9 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Stock Options

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

6%

1 year growth

4%

2 year growth

6%
PR Newswire
Jul 27th, 2026
MassPay partners with Finexio to launch cross-border AP payments in 180+ countries.

MassPay partners with Finexio to launch cross-border AP payments in 180+ countries. Jul 27, 2026, 11:00 ET Partnership brings MassPay's global payout network into Finexio's accounts payable platform, with local payment rails in more than 180 countries, identity-verified vendors, and no added fees on payments that fail to land. General availability is targeted for late summer 2026. ORLANDO, Fla. and LAS VEGAS, July 27, 2026 /PRNewswire/ - Finexio, the Accounts Payable Payments as a Service provider embedded in the world's top procure-to-pay software suites, will launch its first cross-border payments offering through a partnership with MassPay, the global payout orchestration platform, the companies announced today. The offering will let Finexio customers pay vendors in more than 180 countries and 80 currencies directly from the AP platform where their domestic payments already run. It is rolling out with first partners now, with general availability targeted for late summer 2026. The partnership reflects a larger shift in B2B payments. Cross-border vendor payments have historically lived outside the AP workflow, handed off to bank portals, wire forms, and a chain of correspondent banks that added days and stripped out visibility along the way. That model is giving ground to embedded infrastructure, where the AP platform becomes the origination point for global payments and a payout network handles delivery underneath it. Under the partnership, Finexio customers will initiate international vendor payments from their existing AP workflow, and MassPay's infrastructure will handle routing, funds delivery, and local payment rails in each market, with screening and verification built into the flow. Every vendor's primary contact will complete identity verification, including a government ID and a live selfie, before payments begin, and account and name validation adds a second check in key markets. These validation layers help MassPay maintain a 99.76% transaction success rate across its network. Payments will move over MassPay's established local rails, including real-time payout methods where available in the destination market, with no added fees when a payment fails to land, backed by MassPay's pay-for-success model. For years, growing internationally meant accepting a tradeoff: slower payments, less visibility into where money actually was, a new integration for every market, and treasury teams spending hours reconciling transactions instead of managing cash. The partnership is built to remove that tradeoff, and to open new markets without new integrations. "Our customers already pay vendors all over the world. Today that means leaving the AP platform, keying wires into a bank portal, and losing sight of the money until it lands," said Chris Wyatt, CEO of Finexio. "We are betting that global growth should not require a global payments team, and that accounts payable is the right place to solve it. We chose MassPay because their network matched the scale of what we were building toward." "We believe businesses should get paid in the currency, on the rail, and through the method that actually works for them locally," said Ran Grushkowsky, CEO of MassPay. "We spent years building the proprietary infrastructure to make that real at scale, market by market. Now we get to put that infrastructure to work for Finexio and its customers, and help those businesses grow into markets they couldn't easily reach before." About Finexio Finexio is the leading provider of Accounts Payable Payments as a Service, embedded in the world's top procure-to-pay software suites. Finexio's fully managed platform executes supplier payments end to end across every payment rail, moves suppliers to electronic payment, blocks fraud, and handles supplier support. Hundreds of mid-market and enterprise customers rely on Finexio to process billions of dollars in B2B payments annually. Finexio is headquartered in Orlando, Florida. Learn more at finexio.com. About MassPay MassPay is a global payout orchestration platform enabling businesses to send payments to recipients in more than 180 countries across multiple rails, currencies, and payout methods, including local bank transfers, mobile wallets, real-time payments, and stablecoins. Built on a pay-for-success model, MassPay charges only on successful transactions, absorbs costs associated with cancellations, and requires no long-term contracts, giving clients enterprise-grade infrastructure with full operational flexibility. MassPay is headquartered in Las Vegas, Nevada. Learn more at masspay.io. Media Contact: Kris Conesa C-Suite Media Strategies Kristopher Conesa [email protected] www.csuitepr.com 305-975-5934 SOURCE MassPay

PYMNTS
May 9th, 2025
B2B Marketplaces Offer Buyers And Suppliers New Procurement Playbook

The B2B landscape is built on sales cycles. But as trade dynamics shift the operating landscape, buyers and suppliers alike are finding themselves forced to shift their tactics. What was once a world powered by traditional sales reps, trade shows and negotiated contracts is rapidly morphing into a domain where data, digital marketplaces and transparency [] The post B2B Marketplaces Offer Buyers and Suppliers New Procurement Playbook appeared first on PYMNTS.com.

PYMNTS
Apr 24th, 2025
Emburse Adds Ai-Powered Tools To Travel And Expense Mobile App

Emburse has launched a new travel and expense mobile app incorporating Emburse AI to make it easier for employees to submit expenses and for managers to approve them.The newly refreshed Emburse Enterprise app uses artificial intelligence to accurately capture receipts, autopopulate expense details, streamline expense reporting and accelerate reimbursement, the company said in a Thursday (April 24) press release .“It delivers a smooth, intuitive experience that accelerates reimbursements and payments while helping enterprises track and control their spend,” Emburse Chief Product Officer Paul Nagy said in the release. “Accuracy is significantly boosted across language, currency and handwritten values.”For business travelers, Emburse Enterprise provides multilingual functionality and AI-powered OCR transcription, smart receipt capture that eliminates the need for paper receipts and manual data entry, and a personalized dashboard that provides a clear starting point for the capture, review and submission of expenses, according to the release.For managers, the mobile app supports both full and partial expense report approval, so approvers can take action on relevant line items without waiting for other approvers to handle the other line items, the release said.Where application, Emburse Enterprise can also enable approvals of pre-approvals, invoices and purchase orders, per the release.The new features are included at no extra cost for Emburse’s Enterprise customers.“This is just the beginning of the power that AI will unleash across our Travel and Expense solutions,” Nagy said in the release.Emburse said in February that it was adding artificial intelligence capabilities to its product suite and that Emburse AI would alleviate common frustration in expense and invoice management.The AI tool uses machine learning to grasp context, predict missing or unclear information and adapt to various formats for more precise data extraction.“Finance teams handle hundreds of detailed processes every day, where even one seemingly minor error can lead to significant financial and operational consequences,” Nagy said in a Feb. 26 press release. “With Emburse AI, we’re giving users a powerful tool to minimize manual effort, improve accuracy, and dramatically reduce time spent on managing expenses and invoices.”Seventy-eight percent of chief financial officers believe the integration of AI into their accounts payable processes is important, according to the PYMNTS Intelligence and Finexio collaboration, “ Automating Accounts Payable for Cost Savings .”

PYMNTS
Apr 4th, 2025
From Fraud Fears To Gen Z Cfos, 5 Trends Driving B2B’S Digital Shift

Digitizing B2B payments is typically a one-way street. Businesses don’t typically revert to paper payments after embracing technological advancement. But that doesn’t mean some firms don’t still need a little push to get the ball rolling. While digitizing B2B payments may look different for every business, the pressures on organizations to innovate are coming from several [] The post From Fraud Fears to Gen Z CFOs, 5 Trends Driving B2B’s Digital Shift appeared first on PYMNTS.com.

PYMNTS
Mar 11th, 2025
Bad B2B Payments Are A Sales Problem With An Obvious Fix

Word of mouth is a powerful force in B2B transactions. A company known for slow, cumbersome or error-prone payment processes can find its reputation tarnished, leading to customer churn and lost opportunities. Luxury retailer Saks, for example, missed hundreds of vendor payments and warned its suppliers last month that it may take months to get paid

Recently Posted Jobs

Sign up to get curated job recommendations

Finexio is Hiring for 1 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →