Finix Raises $75 Million in Series C Funding

Finix, a full-stack payment processor based in San Francisco, has successfully raised $75 million in a Series C funding round. The investment was led by Acrew Capital, with participation from new and existing investors including Citi Ventures, Lightspeed Venture Partners, and Homebrew. Finix aims to simplify payment integration for businesses lacking technical resources by offering no-code solutions that allow easy customization of payment experiences. The company has transitioned to a direct payment processor and expanded its services into Canada, processing billions of dollars monthly for a diverse range of merchants. CEO Richie Serna emphasized the growing demand for low-code solutions, as businesses seek to allocate engineering resources to other priorities. With a total of $208 million raised to date, Finix is positioned to compete directly with industry giants like Stripe and PayPal.