The Banc Funds

Banc Funds is a private equity firm established in 1986, based in the United States, that specializes in investing in small financial service companies across North America. The firm focuses on early-stage investments in various sectors, including commercial banks, savings and loan associations, regional investment banks, and brokerage firms. Banc Funds aims to support the growth and development of these financial institutions, which serve as vital components of their local communities. By providing funding to small financial organizations, the firm plays a significant role in facilitating commercial loans and offering essential financial services to small businesses throughout the country. Additionally, Banc Funds is committed to making a positive impact, whether through nurturing small financial entities or supporting research initiatives that have the potential to benefit society at large.

Richard H. Hein

Chief Investment Sourcing Officer

John Klimkowski

Associate

Charles J. Moore

Founder and President

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Finexio

Series B in 2022
Finexio operates as a smart B2B payment network that simplifies accounts payable for medium and large businesses. By identifying suppliers eligible for electronic payments, the platform routes transactions directly into suppliers' bank accounts without needing bank account details. This process eliminates the use of paper checks and reduces payment costs significantly compared to traditional commercial payment methods. Finexio integrates seamlessly with major payment aggregators, accounts payable automation, and procurement software, enhancing payment efficiency and providing a cost-effective solution for businesses looking to streamline their payment processes.