Candex

Candex

United States
Candex is a fintech consolidator for large organizations so that they can make purchases from one-time, irregular and low risk suppliers using existing P2P processes. Candex operates globally managing setup, support, tax and regulatory complexity - making it simple, fast, and compliant to pay suppliers even across borders and cross currencies. Available in multiple deliveries, Candex works directly within existing e-procurement systems, via bulk uploads, or integrated into any workflow via API. In the end - Candex completely takes care of the 70-80% of vendors getting 3-5% of spend; "No PO, No Pay" becomes achievable; and the efficiency is so remarkable that our clients enter a sort of procurement zen.
Founded date
01/01/2011
# of employees
51-100
Company type
For Profit

General & financials

Estimated revenue
$1M to $10M
# of funders
2
Founders
Jeremy Lappin, Shani Vaza-Wahrmann
Industry group
Financial Services, Information Technology, Internet Services, Payments, Software

Founding

Top 5 investors
Altos Ventures, Craft Ventures, JP Morgan, American Express, American Express Ventures
# of funding runds
6
Last founding
$12.000.000
Total funded
$37.000.000

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