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Overview
ConnexPay transforms payment acceptance and issuance for Travel and E-commerce providers which act as intermediaries. By offering clients a revolutionary way to minimize risks and reduce credit and debit card acceptance costs through linked real-time payments issued to suppliers, ConnexPay’s clients avoid the need for large lines of credit or personal guarantees.
ConnexPay provides a comprehensive, integrated payments solution which incorporates powerful anti-fraud detection along with PCI-certified payment acceptance and payment issuance — driven by ConnexPay’s patent pending intelligent routing and single-use virtual cards — to handle every step of the process.
Through a single provider under a simple contract, Travel and E-commerce providers can accept payments from clients and issue payments to suppliers with single-use virtual cards from multiple major card brands. ConnexPay’s advanced solution does not require clients to obtain large lines of credit, provide large reserves, or prepay for most services. Their difference makes all the difference.
About
Financial Services, E-Commerce, Payments
2017
51-100
Headquarters locations
United States, North America
Social
N/A
Profile Resume
ConnexPay headquartered in United States, North America, operates in the Financial Services, E-Commerce, Payments sector. The company focuses on Financial Services and has secured $12.2B in funding across 84 round(s). With a team of 51-100 employees, ConnexPay is actively contributing to advancements in Financial Services. Their latest funding round, Convertible Note - ConnexPay, raised $Unknown amount. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
7
1
0
$145.1M
Details
6
ConnexPay has raised a total of $145.1M in funding over 6 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2020 | Early Stage Venture | 6.1M | ||
2018 | Seed | |||
2021 | Early Stage Venture | 20.0M | ||
2022 | Private Equity | 110.0M |
Investors
ConnexPay is funded by 29 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
BIP Capital | - | FUNDING ROUND - BIP Capital | 110.0M |
Gaurav Tuli | - | FUNDING ROUND - Gaurav Tuli | undefined |
ConnexPay | - | FUNDING ROUND - ConnexPay | undefined |
F-Prime Capital | - | FUNDING ROUND - F-Prime Capital | undefined |
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