Fundraising Fox

ConnexPay

Bonita Springs, US · Delaware LLC · 5 known investors

ConnexPay provides a payment platform that lets businesses accept customer payments and fund immediate supplier payments via virtual cards from the same transaction, closing the cash flow gap. It serves industries such as business travel (TMCs and MICE agencies) and embedded payment resellers, with fraud protection and virtual card rebate optimization.

Founders & leadership

RKRobert Kaufman
Robert KaufmaninFounder and Chairman of the Board
BKBob Kaufman
Bob KaufmanFounder

Board

MBMark Buffington
Mark BuffingtoninMember of the Board of ManagersManaging Partner at BIP Ventures
JE
Jacob EisenMember of the Board of Managers
PJ
Pamela JosephMember of the Board of Managers
BP
Barbara PolskyMember of the Board of Managers

Investors · 5

Reported raises · per SEC filings

Form D private placements

$109.8M disclosed across 1 round · 2022

$109.8MraisedNov 2022 · 8 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Mark BuffingtonDirector
  • Robert KaufmanExecutive Officer, Director
  • Jacob EisenDirector
  • Pamela JosephDirector
  • Barbara PolskyDirector
Offering amount
$109.8M
Amount sold
$109.8M
First sale
Oct 2022
Incorporated
Limited Liability Company, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 8

by search overlap
Stripe181 shared keywordsStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
GoCardless112 shared keywordsGoCardless provides bank payment collection and open banking data access services. The platform enables businesses to collect domestic and international payments via bank accounts and securely access customer bank account data across 2,300+ banks in the UK and Europe.
Razorpay105 shared keywordsRazorpay provides payment processing APIs and financial services for online merchants, schools, and ecommerce businesses, offering payment acceptance, disbursement, current accounts, and working capital loans. The company serves businesses looking to accept and manage payments online with developer-friendly integration.
Industries95 shared keywordsJ.P. Morgan is a global financial services firm serving corporations and individuals in more than 100 countries, offering investment research, tools, data, analytics, and advisory services. It supports institutional investors, asset and fund managers, hedge funds, broker dealers, and equity issuers with liquidity, fixed income strategies, and equity compensation solutions.
SwipeSum85 shared keywordsSwipesum offers payment consulting and processing services, acting as an outsourced Chief Payments Officer that helps merchants find, implement, and audit credit card processing solutions. It provides proprietary statement-reading software (Staitment) that analyzes processing statements to generate cost-comparison proposals for businesses.
Adyen84 shared keywordsAdyen is a payments platform that enables enterprises to accept, process, and move money across their business, with capabilities for embedded finance and financial product issuance.
Fiserv81 shared keywordsFiserv provides payments and financial technology services to financial institutions, businesses, and merchants, with a focus on customer engagement and commerce enablement. Its offerings support banks, brands, and small and medium-sized businesses across the United States.
Rapyd73 shared keywordsRapyd offers payment solutions including direct card acquiring, multi-currency business accounts, instant payouts, and stablecoin services for businesses operating across multiple industries and regions.

Companies competing with ConnexPay for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does ConnexPay do?
ConnexPay provides a payment platform that lets businesses accept customer payments and fund immediate supplier payments via virtual cards from the same transaction, closing the cash flow gap. It serves industries such as business travel (TMCs and MICE agencies) and embedded payment resellers, with fraud protection and virtual card rebate optimization.
Who founded ConnexPay?
ConnexPay was founded by Robert Kaufman, Bob Kaufman.
Who are ConnexPay's investors?
ConnexPay's investors include BIP Ventures, F-Prime Capital, FTV Capital, Tamiami Angel, BIP Capital.
How much funding has ConnexPay raised?
ConnexPay has disclosed $109.8M raised across 1 round.
Where is ConnexPay headquartered?
ConnexPay is headquartered in Bonita Springs, US.