Chicago Pacific Founders (CPF) has announced an investment in Nexben.

Nexben, founded in 2015 and based in Grand Rapids, Michigan, is a fintech company that provides plan administration and payment solutions for the benefits industry.

CPF, founded in 2014 and based in Chicago and San Francisco, is a private equity firm focused on investing in growth companies within value-based care, healthcare services, AI and tech-enabled services, and caring for aging populations.  

Terms of the investment were not disclosed.