Finxera is a cloud-based banking services platform that allows channel partners to offer payment and banking services to their consumers. Through a powerful set of APIs, Finxera allows fast opening of FDIC-insured deposit accounts and allows transmission of money using a range of methods from ACH to physical check. Finxera also includes a comprehensive suite of tools that enable approved customers to meet the requirements of banking and money transmission regulations, right out of the box. Finxera aims primarily to help fintech startups to simplify bringing their consumer financial products to life.On March 8th, 2021, Finxera was acquired by Priority Technology Holdings at a valuation of $425M.