Candex

About Candex

Candex is a fintech master vendor specializing in tail-spend procurement, enabling businesses to engage, track, and pay for goods or services quickly and compliantly without cumbersome vendor setups. It operates in over 50 countries, providing control, visibility, and compliance while accelerating the speed of business.

Products & Services

Master Vendor Solution:A technology-based solution for tail-spend procurement that allows buyers and sellers to trade goods and services compliantly without complex vendor setups, streamlining payment processes and increasing control over non-strategic spend.

Specialties

Tail-Spend Procurement Payment Processing Compliance and Visibility Vendor Management

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Series B T: - FT: Series B	A: 45000000 MR: - FA: $45 million FAN: 45000000	D: 2023-11-28 FD: 2023-11-28	8 investors

Series B Latest

2023-11-28

$45.0M

8 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

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Mock Up

Team & Leadership

J

Jeremy Lappin

Founder

S

Shani Vaza

Co-Founder

Recent News

Candex Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised