# Candex

**Source:** https://www.startuphub.ai/startups/candex
**Profile type:** Startup

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

## 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.

## Key facts

- **Slug:** candex
- **Website:** http://www.candex.com
- **Location:** New York, United States
- **Founded:** 2010-01-20 00:00:00
- **Employees:** 310
- **Operating status:** Active
- **Total funding:** $79M
- **Sectors / tags:** Fintech, Vendor Management, Payments, Digital Payments, Procure-to-Pay, Supply Chain Finance, Enterprise Software, Global Payments, Compliance Management, Financial Automation
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/candex-technologies/

## 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 $91.1M (range $48.5M to $252.1M, 67% 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, 13% 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.

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