ConnexPay

ConnexPay is a fintech company in Minneapolis, United States, founded in 2017. It has raised $145.0M across 3 rounds, most recently a $110.0M Growth Equity in October 2022.

Simply Connecting Payments

Employees
51–200
Founded
2017
Business Model
B2B
Total Funding
$145.0M
Last Round
$110.0M Growth EquityOct 2022
Rounds
3

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 3 funding rounds and 1 investor for this company. The full record is or through the API.

About

ConnexPay brings together acquiring and issuing into one platform with a single contract and reconciliation, giving travel agencies, online marketplaces, and B2B platforms a connected PayIn/PayOut model. Clients can accept payments via credit card, ACH, and mobile wallets while simultaneously issuing virtual cards to suppliers, eliminating cash flow gaps and earning interchange rebates. The platform serves leisure travel, business travel, insurance, advertising, and embedded payments verticals.

Summary

It lists 51–200 employees. It has raised $145.0M in total across 3 rounds, most recently a $110.0M Growth Equity round in Oct 2022. Investors include Marqeta.

Tech & App Stack

9 technologies & apps tracked

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Funding History

Data from Indexed.vcUpdated
Growth EquityGrowth EquityOct 2022
$110.0M

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Funding: Series B through Growth Equity. Amounts, valuations, and investors where available.

Investors

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