Candis, an accounts payable (AP) processes automation solution, has raised $16 million in its latest funding round, led by Viola FinTech. Returning investors Lightspeed and Viola Ventures also took part.
The round brings its total funding to $30 million (previously, it raised €12 million in Series B in August 2020).
The Berlin, Germany-based paytech says it is now focused on extending its product offering with payments, building further integrations, doubling down on core invoice management functionality and expanding its team.