Funding accelerates Candex’s vision to redefine how global enterprises manage high-volume, small-value transactions

NEW YORK, March 17, 2026 /PRNewswire/ — Candex, a leading vendor-management and tail-spend-solutions provider for global enterprises, has extended its Series C funding to over $40 million with a strategic investment from HSBC. The investment supports Candex’s long-term vision to turn high-volume, small-value supplier transactions into a fast, automated, and fully controlled part of enterprise finance. The raise brings the company’s total funding to over $120 million and adds HSBC to Candex’s investor base, which includes Goldman Sachs, Altos Ventures, 9Yards Capital, Hedosophia, NFX, Craft Ventures, World Innovation…