#Payments / Finix lands $30m from Lightspeed & Amex

Finix, a San Francisco-based payments infrastructure-as-a-service provider, has landed $30 million funding.

Finix helps start-ups set up their own payment infrastructures in-house. Acting more like a plumber than a plug-and-play service, Finix helps firms avoid using payment giants like Stripe… It makes its money by charging companies a sliding software fee based on how many payments they process…

Its newest feature Flex helps companies reduce switching costs between payment providers.

https://www.fintechfutures.com/2020/09/us-payments-start-up-finix-lands-30m-from-lightspeed-amex/