ConnexPay Named to Inc.’s Second Annual Power Partner Awards

The list honors B2B organizations across the globe that have proven track records supporting entrepreneurs and helping other companies grow. It recognizes 389 firms in marketing and advertising, health and wellness, financial services, legal, logistics, and productivity, as well as other areas of business.

All 389 companies received top marks from clients for being instrumental in helping leadership navigate the dynamic world of business. These B2B partners support entrepreneurs across various facets of the business, including hiring, compliance, infrastructure development, cloud migration, fundraising, etc., allowing founders to focus on their core missions.

ConnexPay’s easy-to-use, all-in-one platform enables businesses to accept incoming payments and get immediate access to funds, prevent fraud, and pay their suppliers all in real time. By connecting traditionally separate payment functions, ConnexPay fundamentally de-risks the payment process and allows businesses to pay lower fees to accept incoming payments while increasing their revenue through higher rebates on outgoing card payments. This puts more control in businesses’ hands and provides transparent end-to-end transactions, all inside a single solution.

Inclusion on the list follows 12 months of significant milestones for ConnexPay. After securing a $110 million growth equity investment led by FTV Capital in October 2022, the company recently extended its global footprint by introducing additional currencies, including British Pounds (GBP) and Euros (EUR), further supporting its international growth. This year, ConnexPay’s annual revenue is forecast to grow 70% YoY, following 500% net revenue growth in 2022.

Bob Kaufman, Founder and CEO at ConnexPay, said: “ConnexPay was founded on a simple idea: B2B payments don’t have to be fragmented, and the entire payments ecosystem would benefit from bringing acquiring, issuing and fraud protection together. This has proven to be absolutely true. By having visibility into both the incoming and outgoing payments for our customers, the traditional risk for a bank of not knowing what happens to a customer’s funds is eliminated. This visibility results in us being able to offer our customers lower merchant fees, often saving companies hundreds of thousands, or even millions of dollars each year.”

Scott Omelianuk, editor-in-chief of Inc. Business Media, said: “Trusted B2B partners provide guidance and expertise that founders rely on at various steps of their organization’s journey. Partners that possess a demonstrated ability to deliver quality support are at the core of entrepreneurship and help bring big ideas to life.”