ConnexPay
Company

Last deal

$110M

Amount

Private Equity

Stage

25.10.2022

Date

3

all rounds

$145.1M

Total amount

date founded

Financing round

General

About Company
ConnexPay revolutionizes payment acceptance and issuance for Travel and E-commerce providers acting as intermediaries.

Industry

Sector :

Subsector :

founded date

01.01.2017

Number of employees

Company Type

For Profit

Last funding type

Private Equity

IPO status

Private

Description

The company offers a comprehensive, integrated payments solution that incorporates anti-fraud detection and PCI-certified payment acceptance and issuance. Through linked real-time payments issued to suppliers, ConnexPay's clients avoid the need for large lines of credit or personal guarantees. The platform creates single-use virtual credit cards based on user's account verification codes, allowing online travel companies and e-commerce organizations to make transactions with minimized risks and reduced costs. ConnexPay is the first and only company to bring together payments acceptance and virtual payments issuing into a single platform with one contract and one reconciliation. Founded in 2017, ConnexPay is a leading payments provider for travel agencies and brokers, ecommerce providers, online marketplaces, and more.
Contacts

Contact Email

Phone number

Social url

Similar Companies
1000
SNYPAY

SNYPAY

SNYPAY is a Fintech Payments Platform that enables frictionless cross-border payments.

Sector

Industrial Support Services

Subsector

Transaction Processing Services

Keywords

Financial Services, Payments, FinTech

Location

London, UK
Assembly

Assembly

Zai provides integrated financial services for mid-market and enterprise-level businesses.

Sector

Industrial Support Services

Subsector

Transaction Processing Services

Keywords

Financial Services, Payments, E-Commerce

Location

Collingwood VIC 3066, Australia

total rounds

6

total raised

$32.25M
Hyperwallet

Hyperwallet

Hyperwallet is a financial technology company that provides a payment platform for businesses to send payments globally.

Sector

Industrial Support Services

Subsector

Transaction Processing Services

Keywords

Financial Services, Payments, FinTech

Location

San Francisco, CA, USA

total rounds

1
Remitr

Remitr

Remitr simplifies payments for SMBs globally.

Sector

Industrial Support Services

Subsector

Transaction Processing Services

Location

Toronto, ON, Canada

Financials

Funding Rounds
7
3

Number of Funding Rounds

$145.1M

Money Raised

Their latest funding was raised on 25.10.2022. Their latest investor F-Prime Capital. Their latest round Private Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
09.12.2021
1
$20M
01.12.2020
3
$6.1M
FTV Capital

FTV Capital

FTV Capital is a growth equity investment firm that invests in high-growth companies.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

San Francisco, CA, USA

total rounds

1

count Of Investments

130

count Of Exists

50
Marqeta

Marqeta

Marqeta is a card issuing platform that provides infrastructure and tools to help companies build and manage payment programs.

Sector

Industrial Support Services

Subsector

Transaction Processing Services

Keywords

Mobile Payments, Credit Cards, Financial Services

Location

Oakland, CA, USA

total rounds

15

total raised

$530.11M

count Of Investments

7
F-Prime Capital

F-Prime Capital

F-Prime Capital is a venture capital firm that invests in technology, healthcare and life sciences sectors in the United States and Europe.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Venture Capital, Financial Services, Health Care

Location

Cambridge, MA, USA

count Of Investments

356

count Of Exists

44
Co-Investors
Investors
6
4

Number of lead investors

6

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Convertible Note, Private Equity, Series A
Yes
Private Equity, Series B
F-Prime Capital

F-Prime Capital

F-Prime Capital is a venture capital firm that invests in technology, healthcare and life sciences sectors in the United States and Europe.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Venture Capital, Financial Services, Health Care

Location

Cambridge, MA, USA

count Of Investments

356

count Of Exists

44
Gaurav Tuli

Gaurav Tuli

Gaurav is a Partner at F-Prime Capital, the global venture capital firm affiliated with Fidelity Investments. For over 50 years, F-Prime Capital has had the privilege of backing ground-breaking companies in technology and life sciences, including Atari, Nuance Software, Alibaba and Denali to name a few. Gaurav leads investments in enterprise technology and serves on the boards of Threat Stack, Riskrecon, Protenus, OTA Insight and previously Appsflyer and Neo Technology. Most recently, Gaurav was a Principal at F-Prime’s sister fund, Eight Roads Ventures, based in London, where he invested in European software and online services businesses. Previously, Gaurav was at EMC where he drove new growth initiatives and product portfolio management for EMC’s largest business unit, Symmetrix. Gaurav was a computer scientist by training and has worked as a software engineer at NASA, the U.S. Air Force and Motorola. Gaurav attended MIT for his bachelors and masters degrees in computer science, as well as his MBA.

current job

F-Prime Capital
F-Prime Capital
Marqeta

Marqeta

Marqeta is a card issuing platform that provides infrastructure and tools to help companies build and manage payment programs.

Sector

Industrial Support Services

Subsector

Transaction Processing Services

Keywords

Mobile Payments, Credit Cards, Financial Services

Location

Oakland, CA, USA

total rounds

15

total raised

$530.11M

count Of Investments

7
FTV Capital

FTV Capital

FTV Capital is a growth equity investment firm that invests in high-growth companies.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

San Francisco, CA, USA

total rounds

1

count Of Investments

130

count Of Exists

50
Chris Winship

Chris Winship

Chris has 12 years of growth equity investing experience. His primary areas of investment focus are in payments and transaction processing, business services and outsourcing, and software. Prior to joining FTV Capital, Chris was an Analyst with Salomon Smith Barney’s media and telecommunications group. Prior to Salomon Smith Barney, Chris worked at Putnam Investments in Putnam’s sales and marketing divisions. Chris received a BA from Dartmouth College. Chris currently works with the following companies in FTV’s portfolio: CashStar, Financial Transaction Services, FleetOne, MedSynergies and Freeborders.

current job

FTV Capital
FTV Capital

count Of Investments

1
Adam Hallquist

Adam Hallquist

Prior to joining FTV, Adam was an investment banking analyst at Financial Technology Partners. At FT Partners, Adam focused on mergers and acquisitions, working on several transactions within the payments, securities and software spaces, including the sale of Fleet One to Wright Express, and the sale of Network Merchants Inc. to Bregal Sagemount. Adam began his career at Fortress Group Inc., an investment bank focused on the private placement of private equity funds. Adam received a BBA with a concentration in finance and a second major in economics from Emory University.

current job

FTV Capital
FTV Capital

People

Founders
2

Jacob Eisen

organization founded

1

Jacob Eisen

Robert Kaufman
Robert Kaufman

Robert Kaufman

current job

ConnexPay
ConnexPay

Robert Kaufman

Employee Profiles
5

Ping Rui

Senior software developer

Kristin Wheeler

Vp, sales operations

Robert Kaufman

Robert Kaufman

Founder & CEO

Jacob Eisen

Jacob Eisen

Co-Founder & Board Member

Activity

Recent News
15
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

week