How much funding has ConnexPay raised?

ConnexPay has raised $20.0M in total funding, most recently a Series B round.

Who are ConnexPay's investors?

ConnexPay's investors include Marqeta.

Where is ConnexPay headquartered?

ConnexPay is headquartered in Minneapolis, Minnesota, United States.

How many employees does ConnexPay have?

ConnexPay has 51-200 employees.

ConnexPay

Simply Connecting Payments

Minneapolis, United States · Founded 2017 · $20.0M raised

Fintech

Headquarters: Minneapolis, Minnesota
Employees: 51–200
Founded: 2017
Business Model: B2B

Website: connexpay.com
Total Funding: $20.0M
Last Round: $20.0M Series BJun 2021
Rounds: 1

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 $20.0M in total across 1 round, most recently a $20.0M Series B round in Jun 2021. Investors include Marqeta.