HomeUSAConnexPay Secures $110M Growth Investment

ConnexPay Secures $110M Growth Investment



ConnexPay, an Atlanta, GA-based payments technology company, raised $110M in Growth Equity funding.

The round was led by FTV Capital. As part of this growth investment, Adam Hallquist, principal at FTV Capital, joined ConnexPay’s board of directors, and Chris Winship, partner at FTV Capital, joined as a board observer. Previous investors also participated.

The company intends to use the funds to drive international expansion in Europe and beyond, as well as continue to enhance its innovative payments platform.

Led by founder and CEO Robert Kaufman, ConnexPat is a payments tech company that integrates payments acceptance and issuance inside a single platform. The flexibility of the technology allows clients to adopt the full end-to-end acquiring and issuing solution or leverage its routing issuing platform.
Founded in 2017, ConnexPay was initially developed to serve the travel industry, today supporting many of the largest travel agencies, tour operators, and air and hotel consolidators. The company continues to focus on travel while also serving related verticals that function as payment intermediaries, such as online marketplaces, delivery services, ticket brokers, emerging fintechs, and insurance and warranty providers.

With this investment, ConnexPay has raised a total of $145 million to date.