Payrix Payments Technology, a Dallas, TX-based technology platform for flexible payment facilitation, received $22m in funding.
The round was led by Blue Star Innovation Partners, a Dallas-based investment fund founded by Dallas Cowboys owner Jerry Jones, the Jones family and entrepreneur Rob Wechsler, and Providence Strategic Growth (PSG), the growth equity affiliate of global asset management firm Providence Equity Partners. In conjunction with the funding, Blue Star’s Rob Wechsler and PSG’s Marco Ferrari will join the Payrix Board of Directors.
The company intends to use the funds to continue to scale and invest in business development and marketing for continued growth.
Co-founded by Boruch Greenberg, CEO, and Benny Silberstein, Chief Strategy Officer, Payrix Payments Technology provides marketplaces, SaaS businesses and ISOs with a white-label flexible payments platform to grow through payment facilitation maintaining the brand integrity.