ConnexPay

ConnexPay

Private
Plano, TexasFinTechhttps://www.connexpay.com

Last Round

Series C

Oct 25, 2022

Total Funding Raised

$143.46M

Company Overview

ConnexPay is a fintech company that offers an online payment platform to streamline payment transactions through single-use virtual credit cards, enhancing security and reducing costs for businesses.

Sector

FinTech

Verticals

Digital Payments, Logistics Software, InsurTech, E-commerce

Business Model

B2B2C

Customer Profile

Payment Processing Fee, Revenue Share

AI Layer

Application

Keywords

embedded paymentsvirtual card issuingpayments orchestrationpayment acquiringsupplier paymentspush-to-card payoutsintegrated paymentsPayIns and PayOutstravel paymentsmarketplace paymentsintelligent payment routingB2B2C paymentsfunds on the flyinterchange revenueAPI-first platformUATP cards

Historical Pricing

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Caplight Momentum Score

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ConnexPay Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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ConnexPay Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series COct 25, 2022
Series BDec 9, 2021
Series A ExtensionDec 1, 2020
Series AJun 27, 2019
SeedJul 23, 2018

Key People

Founding team and executive leadership

Ben Peters

Chief Executive Officer

Executive Team

Blair Jeffery

President Chief Operating Officer

Executive Team

Kunal Patel

Chief Technology Officer

Executive Team

Matt Peterson

Chief Financial Officer

Executive Team

ConnexPay Investors

Notable investors and investment history

InvestorRounds
BIP VenturesSeries C, Seed, Series A
FTV CapitalSeries C
BIP CapitalSeries A Extension, Series A, Seed
F-Prime CapitalSeries C, Series A Extension
Tamiami Angel FundsSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 13, 2026

    Payment Valet offers payment delivery, payee management, and supplier support.

  • Jul 1, 2025

    Partnering with LexisNexis, Experian, and Equifax for data integration.

ConnexPay Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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ConnexPay Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about ConnexPay's valuation, stock price, and market status.

Firmographic Details

HeadquartersPlano, Texas
Employee Range127
Year Founded2017
Last FundingOct 25, 2022

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