St. Paul, MN – According to filings with the U.S. Securities and Exchange Commission, ConnexPay is raising $110,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Robert Kaufman played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About ConnexPay
ConnexPay is the first and only company to bring together the two sides of the payment process payments acceptance and virtual payments issuing into a single platform with one contract and one reconciliation. The flexibility of this technology allows clients to adopt the full end-to-end acquiring and issuing solution or leverage ConnexPays innovative intelligent routing issuing-only platform. Through innovative and patent-pending payments technology, ConnexPay provides reduced payments risk, a new source of revenue, automated reconciliation, and guaranteed lower merchant processing fees all while avoiding large lines of credit or prepayments. Founded in 2017, ConnexPay is a leading payments provider for travel agencies and brokers, ecommerce providers, online marketplaces, and more.

To learn more about ConnexPay, visit http://www.connexpay.com/

Contact:
Robert Kaufman, Chief Executive Officer
612-601-0922

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