Candex

CandexCandex
Candex

Candex

Candex simplifies and streamlines payments to one-time and irregular suppliers for large organizations globally.

DR 44Speed 682010Active310New York, United States
3.0 (1)

About

Candex is a fintech master vendor that provides a technology-based solution for engaging, tracking, and paying for any good or service. It serves global enterprises by eliminating the complexity of vendor setups and enabling compliant transactions across 50+ countries. Candex acts as a master vendor, handling invoice processing for both buyers and sellers to accelerate business speed and provide control, visibility, and compliance.
Frequently asked

What does Candex do?

Candex is a fintech master vendor that provides a technology-based solution for engaging, tracking, and paying for any good or service. It serves global enterprises by eliminating the complexity of vendor setups and enabling compliant transactions across 50+ countries. Candex acts as a master vendor, handling invoice processing for both buyers and sellers to accelerate business speed and provide control, visibility, and compliance.

What is Candex's revenue?

StartupHub estimates Candex's annual revenue at $50.5M (range $32.3M to $131.4M, 70% confidence), based on comparable companies in the sector.

What is Candex's valuation?

StartupHub estimates Candex's effective valuation at $311.4M (range $196.3M to $471.0M, 14% confidence), based on comparable companies in the sector.

How much funding has Candex raised?

Candex has raised a total of $79M in funding. The most recent round on record is Series B.

Where is Candex headquartered?

Candex is headquartered in New York, United States.

When was Candex founded?

Candex was founded in 2010.

What industry does Candex operate in?

Candex operates in Fintech, Vendor Management, Payments, Digital Payments, Procure-to-Pay, Supply Chain Finance.

How many employees does Candex have?

Candex has approximately 310 people on record.

HEADCOUNT
310
DOMAIN RATING
44
New entrants in Vendor Management
Last 90 days
3
New entrants
1.0
Per month
0.2
Per week

An entrant is a company tagged Vendor Management whose domain was first registered in the window, counted from registry records in the StartupHub directory. Registry detection runs two to three weeks behind registration, so recent weeks are a floor.

Comments
(3)
1 positive0 mixed2 negative
Reddit
r/FinanceCareerHubu/topCSjobsSep 14, 2024Positive💎

50+ Latest Remote Finance Jobs USA: FlexPort, Candex & More (Sep 14, 2024). https://financecareerhub.substack.com/p/remote-finance-jobs-flexport-candex-september-14-2024

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Reddit
r/smallbusinessu/PM_Me_Food_Pics_Mar 4, 2024Negative

I have a new customer who requires that vendors invoice through a system called Candex. Now this is for a minor one-off job, so I am worried that this Candex system will require a lot of administrative overhead on my part and maybe not wort…

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Reddit
r/freelanceu/PM_Me_Food_Pics_Mar 4, 2024Negative

I have a new customer (huge company) who requires that vendors invoice through a system called Candex. Now this is for a minor one-off job, so I am worried that this Candex system will require a lot of administrative overhead on my part and…

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