ConnexPay Raises Additional Funding to Propel Adoption of Payments Technology
Dec 01, 2020•almost 5 years ago
Description
ConnexPay, a payment technology company that enables marketplace businesses to collect and safeguard consumer funds while automating the distribution of payments to suppliers 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. The investment brings total funding to $15M, which will be used to accelerate growth, increase product offerings for the travel industry and expand in other sectors that have seen unprecedented growth in e-commerce transactions.