Finxera

San Mateo, United States Founded: 2008 • Age: 18 yrs Acquired By Priority
Payment APIs for compliant money handling are provided by Finxera.

About Finxera

Finxera is a Financial Services company based in San Mateo (United States) founded in 2008, and was acquired by Priority in March 2021. Payment APIs for compliant money handling are provided by Finxera. Finxera has raised $6 million across 2 funding rounds from investors including Foundation Capital, Priority Commerce and Stone Point Capital. The company has 27 employees. Its Indian entity Priority Idc Private Limited reported revenue of β‚Ή92.41 Cr. Finxera offers products and services including Payment Platform. Its focus areas include FinTech, Payments, Business Payments and Online Payments. Its competitors include Stripe, Square and PayPal; 3 of its 3 listed competitors have raised funding.

Company details

Finxera provides APIs which allow non-financial institutions to collect, store and send money, in compliance with regulatory requirements. The platform lets developers integrate payment services within their apps including credit card payments, ACH transfers, peer-to-peer payments, multi-party transactions, wire transfers and check acceptance. Its technology consists of Core Engine (handles transaction lifecycle), connector layer (connects the core engines to external systems like NACHA, bill payment networks, banks and card processors) and API layer (to integrate payments in the apps). Finxera is PCI compliant, it has a money transmitter license, and all its stored value accounts are FDIC insured through partnerships with banks. Its product BancBox Crowd is the first escrow API for crowd investing. Finxera manages 100 million in consumer deposits daily in nearly 200,000 individual accounts.

Key Metrics
  • Indian entity revenue
    ₹92.41 Cr

    FY 2025 · 0% YoY

  • Indian entity net profit
    ₹9.99 Cr

    FY 2025 · 11% margin

  • Indian entity EBITDA
    ₹16.31 Cr

    FY 2025 · 18% margin

  • Total Equity Funding
    $6M (USD)

    in 2 rounds

  • Investors
  • Employee Count
    27
  • Acquired by
    Priority

    (Mar 2021)

Products & Services of Finxera

Finxera offers a comprehensive portfolio of products and services, including Payment Platform.

Payment Platform
Financial Services

Platform for collecting, storing, and sending money at scale for enterprises.

Funding Insights of Finxera

Finxera has successfully raised a total of $6M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $6M
  • Total Rounds 2
  • First Round $6M

    (Jan 2009)

  • Investors Count 2

All 2 funding rounds of Finxera with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2018Series B––
Jan 2009$6MSeries B––
Valuation history

3 investors in total: 3 institutional.

Investors in Finxera

Finxera has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Foundation Capital, Priority Commerce and Stone Point Capital.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors
1995foundationcapital.comPalo Alto, United States
stonepoint.com
Integrated payments and banking solutions are provided globally.
2005prioritycommerce.comAlpharetta, United States
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Investor details for Finxera

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Board of directors of Priority Idc Private Limited (Finxera)

Priority Idc Private Limited is the primary company behind Finxera. The board of Priority Idc Private Limited currently have 5 directors; the longest-serving is Rajiv Kumar, appointed in 2023. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Rajiv Kumar
DIN 09847565
Director04 Apr 20233 yrs 6 moPriority Idc Private Limited
Bradley Jay Miller
DIN 10099954
Director04 Apr 20233 yrs 6 moPriority Idc Private Limited
Ranjana Ram
DIN 10100136
Director04 Apr 20233 yrs 6 moPriority Idc Private Limited
Lalit Ananth Chawla
DIN 06702362
Director21 Mar 20251 yr 7 moPriority Idc Private Limited
Anjan Kumar Nandi
DIN 11086366
Director01 May 20251 yr 5 moPriority Idc Private Limited

People of Finxera

26 people are tracked at Finxera (3 in leadership, 23 in team); the tracked headcount is 27.

NameRoleGroup
Sanj Goyle
Founder and CEOLeadership
Sharad Bansal
VP Of Product ManagementLeadership
Sanjib Pal
Director Of Financial OperationsLeadership
Bharat Raj
Devops EngineerTeam
Sachin Goyal
Sr. Complaince AnylstTeam
Joseph Simoni Crcm
Bsa/aml ManagerTeam
Akashdeep Singh
Project Manager - Cloud ServicesTeam
Anmol Gupta
Associate Analyst - Talent AcquisitionTeam
Divya Chandel
Associate Product ManagerTeam
Vishal Singh Rao
AssociateTeam
Vijay Kumar Dudhiyan
Senior QA EngineerTeam
Anjali Arya
Senior Compliance AssociateTeam
Arshiya Duggal
Quality Assurance InternTeam
Rishabh Dhupar
Development AnalystTeam
Yajur Bhatia
Application Solutions InternTeam
Rahul Patel
Sr. Financial Operation AssociateTeam
Raj Bodh
Compliance ManagerTeam
Tamanna .
Project Manager Scrum MasterTeam
Cindy Twigg
Compliance AnalystTeam
Naman .
Application Solutions InternTeam

6 more people are available in the full profile.

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Complete people profiles for Finxera

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Financials of Finxera

Figures of Priority Idc Private Limited, the primary company behind Finxera, for FY 2025. Revenue was ₹92.41 Cr (0% year on year). Net profit was ₹9.99 Cr (11% margin). EBITDA was ₹16.31 Cr (18% margin). Revenue has grown at a compounded annual rate of +5% over three years and +16% over five years.

  • ₹92.41 CrRevenue · FY 2025 · 0% YoY
  • ₹9.99 CrNet profit · 11% margin
  • ₹16.31 CrEBITDA · 18% margin
  • ₹95.6 LakhPaid-up capital
  • 367Employees (provident fund records)
  • +5%Revenue CAGR, 3 years
  • +16%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Priority Idc Private Limited are on its company page.

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Detailed financial statements for Finxera

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Verified entity values are shown only after access is granted.

Timeline of Finxera

4 dated milestones of Finxera across 13 years, from founding to its latest funding, stage changes and deals.

  1. Founded Finxera is founded.
  2. Funding First funding round of $6.0M.
  3. Funding Latest funding round, Series B,.
  4. Exit Acquired by Priority.

Competitors of Finxera

Finxera has 3 listed competitors in our database, 3 of them funded. They include Stripe, Square and PayPal.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
stripe.com2009San Francisco, United States$9.81B5,904
Payment processing and card issuance solutions are provided for businesses.
squareup.com2009San Francisco, United States$519.75M11,372
POS solutions are provided for retail businesses.
paypal.com1998San Jose, United States$216M27,200
Online payment solutions are offered to consumers and businesses.
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Detailed competitors of Finxera

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Verified entity values are shown only after access is granted.

Web traffic of Finxera

The website of Finxera (finxera.com) receives about 1.8K visits a month.

  • Monthly visits
    1.8K

    ▼ 24.3% vs previous month

Top companies in Banking & FinTech Platforms

3 companies that operate in the same segment as Finxera (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online business banking and financial workflow tools are provided.
2010San Francisco, California, United StatesUSD 546 MUSD 2.71 M1,807
Digital banking services are offered to individuals via mobile apps.
2012San Francisco, California, United StatesUSD 3.15 BUSD 1.96 B2,516
Digital sustainable banking services are offered to consumers.
2013Los Angeles, California, United StatesUSD 865 M237
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Related news about Finxera

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Frequently Asked Questions about Finxera

Finxera was founded in 2008 and raised its 1st funding round 1 year after it was founded.

Finxera is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.

Finxera is a funded company, having raised a total of $6M across 2 funding rounds to date. The company's 1st funding round was a Series B of $6M, raised on Jan 2009.

Finxera has 27 employees.

The primary company behind Finxera, Priority Idc Private Limited, reported revenue of β‚Ή92.41 Cr for FY 2025, down 0% year on year.

Finxera provides APIs which allow non-financial institutions to collect, store and send money, in compliance with regulatory requirements. The platform lets developers integrate payment services within their apps including credit card payments, ACH transfers, peer-to-peer payments, multi-party transactions, wire transfers and check acceptance. Its technology consists of Core Engine (handles transaction lifecycle), connector layer (connects the core engines to external systems like NACHA, bill payment networks, banks and card processors) and API layer (to integrate payments in the apps). Finxera is PCI compliant, it has a money transmitter license, and all its stored value accounts are FDIC insured through partnerships with banks. Its product BancBox Crowd is the first escrow API for crowd investing. Finxera manages 100 million in consumer deposits daily in nearly 200,000 individual accounts.

Finxera's top competitors include Stripe, Square and PayPal.

Finxera offers Payment Platform.

Finxera has 3 investors. Key investors include Foundation Capital, Priority Commerce, and Stone Point Capital.

Finxera operates through Priority Idc Private Limited.

Yes. Finxera was acquired by Priority in March 2021.

The legal entities of Finxera currently have 5 directors, including Rajiv Kumar, Bradley Jay Miller, Ranjana Ram and others.

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