Finexio lands $4 mln Series A

Orlando-based Finexio, a smart b2b payment network that eliminates paper-based checks for accounts payable departments, has secured $4 million in Series A financing. James R. Heistand led the round with participation from other investors that included Florida Funders, Loeb.nyc, Zach Coelius and Mobile Financial Partners. In conjunction with the funding, Henry Dreifus will join Finexio’s board of directors while Steve MacDonald, a partner at Florida Funders will become a board observer.

Source: Press Release