Finix is a payments infrastructure platform that facilitates payments, push-to-card disbursements, and additional financial services required by companies bringing payments in-house. The company’s payment facilitation platform tracks transactions, consolidates disparate payment processor data, helps clients underwrite merchant accounts, and coordinates merchant settlements. Its entry-level offering, Flex, helps companies build towards payment facilitation over time without incurring massive switching costs. Clients include Fattmerchant, Lightspeed POS, Passport, and Clubessential. The company has raised $96M in funding since its founding.
Will Kohler
FractionFraction
Faction Ventures, LLC (“Faction”) and Lightspeed Management Company, L.L.C. (“Lightspeed”) are separate businesses that operate independently of each other. Faction is a registered investment adviser under the United States Investment Advisers Act of 1940, as amended. Faction advises its own fund(s) and does not advise any Lightspeed clients, and Lightspeed does not advise Faction or any of its clients. Lightspeed and Faction are parties to an agreement pursuant to which Lightspeed holds certain interests in Faction and the fund(s) Faction manages.
