ConnexPay
Latest round
- Series A
Last raised
- Dec 2020
Total raised
- $13M
Investors
- 2
About ConnexPay
Founded in 2017, ConnexPay LLC operates from St. Paul, US, and provides a unified platform for managing payments.00 mn.ConnexPay offers an integrated B2B payments platform designed to streamline the acceptance of customer payments and the issuance of virtual card payments to suppliers. Its core functionality unifies incoming and outgoing payments within a single system, enabling businesses to manage financial transactions in real time with improved transparency and efficiency. This platform includes proprietary features such as Intelligent PayOuts technology, which optimizes card rebate opportunities by automatically selecting the best card type for supplier acceptance. The platform serves a diverse client base across multiple industries, including online advertising, insurance, loyalty and rewards, event ticket sales, travel companies, and warranty providers.ConnexPay's revenue is derived from its innovative payment solutions, which facilitate both the acceptance of customer payments and the issuance of virtual card payments. The transaction structure involves businesses leveraging ConnexPay’s platform to streamline payment processes, thereby enhancing cash flow and operational efficiency. Clients typically engage in B2B transactions, utilizing the platform to manage incoming customer funds while also paying suppliers using those funds. The company’s offerings include services such as fraud prevention and chargeback management, which are integrated into the overall payment process. Specific details regarding pricing plans or individual service costs have not been disclosed.
Who invested in ConnexPay
2 investors across 2 rounds
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Questions about ConnexPay
Who invested in ConnexPay?
ConnexPay has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ConnexPay raised?
ConnexPay has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did ConnexPay last raise money?
ConnexPay's most recent round on record is a Series A, in Dec 2020.
What does ConnexPay do?
Founded in 2017, ConnexPay LLC operates from St.
Where is ConnexPay headquartered?
ConnexPay is headquartered in St. Paul, US.
Which VCs invest in companies like ConnexPay?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at ConnexPay's stage. Their profiles are linked below.
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