Candex provides a tech-based master vendor platform that enables enterprises to onboard, manage compliance for, and pay thousands of small and one-time suppliers across multiple jurisdictions and currencies. The company operates in more than 50 countries and in 2025 supported well over $1 billion in payments to vendors through its platform. Candex's solution consolidates tail vendor information, automates compliance, and can reduce a company's vendor master by as much as 80%, according to the company. Its platform is used by hundreds of large multinationals, including Diageo, Danone, Roche, and Sanofi. Candex is co-founded by Jeremy Lappin (CEO) and Shani Vaza (Chief R&D Officer) and is focused on expanding global infrastructure and regional coverage, particularly in Asia, as it scales.

Total raised

$109M

Funding rounds

4

Latest round

Series C

Latest activity

Mar 2026