Payfinia offers the Instant Payments Xchange (IPX), a secure, scalable real-time money movement platform designed for community financial institutions. IPX provides an open, flexible architecture that enables fintech integrations, streamlines back-office workflows (including instant loan disbursements through loan origination system integrations), and unifies fraud and risk management across payment flows. The company positions itself to give CFIs access to and ownership of their instant payments services while partnering with third-party digital providers to extend capabilities. Recent collaboration with Patelco Credit Union has expanded Patelco’s real-time payment offerings and aims to support emerging payment experiences such as digital wallets, QR-code payments, and expanded business payment services. The article did not disclose financial metrics such as revenue, users, or valuation.

Total raised

$12M

Funding rounds

5

Latest round

Series C

Latest activity

Aug 2015