ConnexPay

Simply Connecting Payments

Minneapolis, United States · Founded 2017 · $145.0M raised

Employees
51–200
Founded
2017
Business Model
B2B
Total Funding
$145.0M
Last Round
$15.0M Series AOct 2022
Rounds
3

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

ConnexPay is a Fintech company based in Minneapolis, United States, founded in 2017. It has raised $145.0M in total across 3 rounds, most recently a $15.0M Series A round in Oct 2022. Investors include Marqeta.

Tech & App Stack

9 technologies & apps tracked

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Funding History

Growth EquityGrowth EquityOct 2022
$110.0M

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Series A through Growth Equity — per-round amounts, valuations, and who invested in each round.

Investors

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