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Payments Gateway ConnexPay Announces $20 Million Series B Funding Round, Led by Modern Card Issuing Pioneer Marqeta
ConnexPay was founded in 2017 and serves travel, marketplace and commerce intermediary companies with its payments gateway technology, processing billions in transaction volume.
ConnexPay today announced a $20 million series B funding led by global modern card issuing platform Marqeta (NASDAQ:MQ). This new capital takes ConnexPay’s total funding raised to date to $35 million.
ConnexPay Raises Additional Funding to Propel Adoption of Payments Technology
Industries include Travel and Insurance Agencies, Freight Brokers, and E-Commerce Marketplaces
ConnexPay has secured additional funding from existing investors and from new investor F-Prime Capital, the global venture capital firm affiliated with FMR LLC, the parent company of Fidelity Investments.
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