Finally, which makes a finance and HR software suite for small businesses, has received a $50 million Series B round from PeakSpan Capital and a $150 million credit facility from Encina.That follows $95 million in Series A funding in 2022 and another $10 million in capital in February.
Finally says since the Series A funding both its head count and annual revenue have risen by 300 percent. The company also release four new products, Corporate Charge Cards, Expense Management, Business Checking Accounts and Payroll.
The latest round of capital will be invested in growing headcount continuing R&D for its product stack and expanding its go-to-market initiatives.
