Candex Technologies

Fintech Master Vendor

Fintech & Insurtech
Active
Series C Tel Aviv-Yafo, Israel Founded 2009
Last updated 2026-06-18
Total raised
$81.5M
Last: 2025-07
Stage
Series C
Founded
2009
Headcount
260
HQ
Tel Aviv-Yafo, Israel
Sector
Fintech & Insurtech

About

Candex is a fintech company specializing in the consolidation of financial processes for large organizations. Its product focuses on facilitating purchases from one-time, irregular, and low-risk suppliers within existing Procure-to-Pay (P2P) frameworks. Candex operates globally, managing the complexities of setup, support, tax, and regulatory requirements. This ensures a simple, fast, and compliant process for paying suppliers, even across borders and currencies.

Available through various delivery methods, Candex seamlessly integrates with existing e-procurement systems, supports bulk uploads, and can be incorporated into workflows via API integration. The platform efficiently handles the payment processes for 70-80% of vendors responsible for 3-5% of the overall spend. It enables the realization of "No PO, No Pay" policies, ensuring that payments are contingent upon proper purchase orders. The efficiency achieved by Candex contributes to a streamlined procurement process, providing clients with a notable level of efficiency and control.

Funding history · 3 rounds · $81.5M total

Q&A

What is Candex Technologies' primary business focus?
Candex Technologies is a fintech company that specializes in consolidating financial processes for large organizations, particularly by facilitating purchases from one-time, irregular, and low-risk suppliers within existing Procure-to-Pay (P2P) frameworks.
When was Candex Technologies founded?
Candex Technologies was founded in November 2009.
How many employees does Candex Technologies currently have?
Candex Technologies has 201-500 employees.
What is the total amount of funding Candex Technologies has raised to date?
Candex Technologies has raised a total of $81.5 million USD.
When was Candex Technologies' most recent funding round and who were the lead investors?
Candex Technologies' most recent funding round was in July 2025, raising $33 million USD, led by 9Yards Capital.
Which investors participated in Candex Technologies' November 2023 funding round?
In November 2023, Candex Technologies raised $45 million USD from Goldman Sachs Bank USA and World Innovation Lab (WiL).
Where are Candex Technologies' main offices located?
Candex Technologies has its headquarters in Tel Aviv-Yafo, Israel, with additional offices in New York, USA; San Francisco, USA; London, UK; and Singapore.
Who are the founders of Candex Technologies?
The founders of Candex Technologies are Jeremy Lappin, who serves as Founder & CEO, and Shani Vaza-Wahrmann, who is Co-Founder & VP R&D.

Team · 2

Founder · Founder & CEO
LinkedIn ↗
Founder · Co-Founder & VP R&D
LinkedIn ↗

Sectors & technology

Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechMoney Transfer & ManagementBusiness Software
Technologies
Data StorageCloudPlatforms & InterfacesSoftware
Target customers
Enterprise & Professional Services
Business model
B2B

Tags

cloud-basedvendorscollaborationbpmprocuremententerprise-solutionsfintechpaymentsbusiness-managementmobile-applications
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

External links

Websitecandex.com
LinkedInlinkedin.com/company/1653553

Identifiers & details

Founded2009-11
Employees (exact)260
OfficesNew York; San Francisco; United Kingdom; Singapore

Radar intelligence

Open jobs — ashby

Total open18
Remote16
TitleLocationDepartment
Finance Operations Associate
Customer Support Specialist – Nordic Languages (Swedish/Norwegian/Danish)
Customer Support Specialist - French Speaker
Product Manager
Senior Product Manager
RVP, Customer Success
Account Executive - Tail (new logo)
Customer Support Specialist - French Speaker
Finance Manager
Accountant
Customer Support Specialist - English Speaker
Solution Consultant to Account Executive role

Patents

EPO1

GitHub

Top reposCandexLumperYouTrackToJira, tesseract, CandexLibreChat, sink

Web history (Wayback)

Domaincandex.com

Certificate / subdomain footprint

Subdomains48