Visa took part in the $17.5m in a series A round, which increased the smart payment card and mobile app developer's total funding to over $20m.
US-based payment technology developer Finix yesterday received $17.5m in a series A round backed by payment processing firm Visa.
Bain Capital Ventures, the VC arm of private equity firm Bain Capital, led the round, which also included Insight Venture Partners, Aspect Ventures, Homebrew, Precursor Ventures and Act One Ventures.
Finix has developed technology that is used by businesses to manage and monetise payments through tokenisation, merchant onboarding, settlement, reporting and risk management tools.
The company also provides a platform that…
