Global accounts payable automation company Medius announced Aug. 23 it opened its U.S. headquarters in Jacksonville.
The company said the office at 501 Riverside Ave. will be the “home base” for 100 employees and will create 15 jobs in its finance and sales teams. There is a Jacksonville job listing on the company website for sales operations analyst. All the company’s jobs are shown as hybrid remote.
Medius CEO Jim Lucier said Jacksonville is a burgeoning hub for fintech organizations because of local talent and proximity to Jacksonville University and Florida State College at Jacksonville.
“The need to increase headcount follows a year of excellent North American growth as more organizations turn to Medius to improve operations in the Office of the CFO using technological innovation, particularly in AI,” Lucier said in a news release.
According to a company video, Medius was founded in Sweden in 2001 by Mikael Svensson and Per Nordling.
Medius is now owned by Marlin Equity Partners, a global investment firm. Medius also has offices in Great Britain, Netherlands, Norway, Sweden, Poland and Denmark and Australia.
Medius said it acquired OnPay Solutions, a Jacksonville-based invoice payments provider, in 2022.
“Once a company enters the Jacksonville market with a merger or acquisition, we’re always looking for opportunities to keep them here,” said Aundra Wallace, president of JAXUSA Partnership.
“This is another example of our emergence as a fintech center and we look forward to working with Medius as they grow in our region.”
The company’s offices previously were in New York City.
Medius says it uses automation and artificial intelligence to confirm, code and pay invoices. It says it has more than 4,000 customers in 102 countries and processes $180 billion in annual spending.