News

Finix announces Series A funding

July 16, 2019Client News

Gunderson Dettmer client Finix has announced its $17.5 million Series A funding. Bain Capital Ventures led the round with Visa, Insight Partners and Aspect Ventures joining as new investors and Homebrew, Precursor Ventures, Act One Ventures and Village Capital continuing their support.

In the blog post announcing the funding co-founder and CEO Richie Serna said, “We’re thrilled to announce that Finix has secured $17.5 million in Series A funding to help us continue to build the best payments infrastructure possible and expand our worldwide footprint. We’re payments nerds, which is why we’re thrilled to be partnering with some of the most experienced leaders and innovators in fintech as part of this announcement.”

The Gunderson Dettmer deal team was led by Randall Clark and included Andrew Burchiel and Michael LaBlanc.