https://techcrunch.com/2023/11/28/candex-lands-45m-infusion-to-grow-its-procurement-management-business/

Candex, a startup that aims to simplify procurement — specifically vendor management and payment processes — for businesses, today announced that it raised $45 million in a Series B investment led by Goldman Sachs with participation from WiL (World Innovation Lab), Altos, NFX, Craft, JP Morgan, American Express and Edenred.

The tranche brings Candex’s total raised to $85 million, and will be put toward expanding the company’s presence in Asian markets and a forthcoming product tailored to customers with “high-volume, small payment” needs, CEO Jeremy Lappin told TechCrunch via email.