Infinicept provides a PayOps software-as-a-service platform that enables software companies, payments firms and financial institutions to run embedded payments and own their payments strategy. Its PayOps platform is designed to replace legacy operations infrastructure and help payment facilitators and vertical software providers scale and capture revenue. The company serves more than 300 software companies and has seen more than a 1,400% increase in annual payments volume since its 2020 funding round. Infinicept has established partnerships and integrations with providers including Adyen, Discover, Dwolla, Fiserv, LexisNexis, Mastercard, Payroc and Silicon Valley Bank. The company plans to use new capital to accelerate product innovation, fuel customer success, drive market expansion and build embedded finance capabilities to increase value and financial inclusion for SMB merchants. Infinicept positions itself to capitalize on the projected $585 billion embedded finance market. Infinicept provides a flexible payments infrastructure platform that enables software companies to get embedded payments via tools and services that simplify underwriting, onboarding, risk monitoring and payouts. Led by co-founders and co-CEOs Deana Rich and Todd Ablowitz, the company serves more than 250 software, banking and fintech customers across 25 countries. Infinicept has a global strategic partnership with Mastercard that powers its Payment Facilitator Accelerator program and helps software companies become payment facilitators in weeks. That partnership began with Mastercard’s Start Path engagement and evolved into investment and commercialization, with Mastercard providing access to technology, network and resources. Infinicept raised a new, undisclosed funding round led by Mastercard and MissionOG and intends to use the funds to expand product innovation as well as sales and marketing efforts. The article does not disclose further financial details about the round.

Total raised

$23M

Funding rounds

2

Latest round

Equity

Latest activity

May 2022