- Headquarters
- Jacksonville, Florida
- Employees
- 51–200
- Founded
- 2016
- Business Model
- B2B
- Website
- finxact.com
- Total Funding
- $42.0M
- Last Round
- $30.0M Series BJan 2019
- Rounds
- 2
- Acquired by
- FiservFeb 2022
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Finxact is the first enterprise-class cloud-native core banking platform built on an open API architecture. Founded in 2017 in Jacksonville, Florida, it provides a modern system of record and transaction processing engine for banks, fintechs, and embedded finance partners. Finxact was acquired by Fiserv in April 2022 and powers clients including Live Oak Bank, First Horizon, and DoorDash's embedded finance products.
Summary
Finxact is a Banking company based in Jacksonville, United States, founded in 2016. It has raised $42.0M in total across 2 rounds, most recently a $30.0M Series B round in Jan 2019. Investors include American Bankers Association, Accenture Ventures and SunTrust Bank.
Tech & App Stack
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Funding & Exit History
Feb 2022
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Funding: Seed through Series B. Amounts, valuations, and investors where available.
Investors
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