doxo Raises $18.5M in Series C Funding

doxo

doxo, a Seattle, WA-based all-in-one bill payment platform provider, raised $18.5M in Series C funding.

The round was led by Jackson Square Ventures with participation from MDV, Sigma Partners, and Bezos Expeditions.

The company intends to use the funds to further expand its bill pay platform hire additional talent, grow the bill pay provider directory, and further accelerate its doxoDIRECT platform that helps billers receive direct electronic payments, fast and free.

Led by Steve Shivers, CEO, doxo provides all-in-one bill payment to any biller, with any payment method, on any device. A doxoPLUS subscription adds free bank payments and essential financial protections that boost household financial health. Through these services, the company currently serves over seven million users who can make payments to over 120,000 local and national businesses.

FinSMEs

17/03/2022