When was ConnexPay founded?

ConnexPay was founded in 2017 and raised its 1st funding round within a year of its incorporation.

Where is ConnexPay located?

ConnexPay is headquartered in Bonita Springs, United States. It is registered at Minneapolis, Minnesota.

How many employees does ConnexPay have?

As of Jun 30, 2026, the latest employee count at ConnexPay is 135.

Is ConnexPay a funded company?

ConnexPay is a funded company, having raised a total of $145M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 10, 2017.

When was the latest funding round of ConnexPay?

ConnexPay's latest funding was a $***** Series C round on Oct 24, 2022, with participation from 1 investor. Its primary sector is Payments. In United States, the Payments sector has seen $2.79B in funding in 2026 to date.

Where does ConnexPay rank among its competitors?

ConnexPay ranks 14th amongst 132 active competitors, of which 32 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Ramp, which secured $782M in Jun, 2026.

Who are the top competitors of ConnexPay?

ConnexPay's top competitors include Ramp, NG.CASH and Payhawk. Among them, Ramp secured the most recent funding round in June, 2026.

ConnexPay - 2026 Company Profile, Team, Funding & Competitors

ConnexPay is a series C company based in Bonita Springs (United States), founded in 2017 by Keith Stone. It operates as a Provider of a unified payments platform for business applications. ConnexPay has raised $145M in funding from investors like BIP Ventures, Marqeta and FTV Capital. The company has 132 active competitors, including 32 funded and 12 that have exited. Its top competitors include companies like Ramp, NG.CASH and Payhawk.

Company Details

Provider of a unified payments platform for business applications. The platform offers solutions for customer sales acceptance, self-funding, and virtual card issuing. It supports various payment methods, including credit cards, mobile wallets, and ACH transfers. The platform also provides features for payee enablement and payment delivery across multiple industries.

Website: www.connexpay.com/
Social
Email ID: *****@connexpay.com
Phone Number: +1 **********
Registered Address: Minneapolis, Minnesota

Key Metrics

Founded Year

2017

Location

Bonita Springs, United States

Stage

Series C

Total Funding

$145M in 6 rounds

Latest Funding Round

Series C, Oct 24, 2022, $*****

Investors

BIP Ventures & 6 more

Ranked

14^th among 132 active competitors

Employee Count

135 as on Jun 30, 2026

Similar Companies

Ramp & 136 more

View ConnexPay's full profile

ConnexPay is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CONNEXPAY CIN: 821675293 , United States, Active	Dec 31, 1999	-	88 (As on Dec 31, 2023)	-

ConnexPay has raised a total funding of $145M over 6 rounds. Its first funding round was on Jul 10, 2017. Its latest funding round was a Series C round on Oct 24, 2022 for $*****. 1 investor participated in its latest round. ConnexPay has 7 institutional investors.

Here is the list of recent funding rounds of ConnexPay:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 24, 2022	2051803	Series C	6085308	8044297	8183501	5542487
Dec 09, 2021	1869699	Series B	3316746	7540633	6858211	2543559
Dec 01, 2020	8235308	Series A	4097368	2476732	F-Prime Capital	5194243

Access funding benchmarks and valuations. Sign up today!

View details of ConnexPay's funding rounds and investors

The founders of ConnexPay is Keith Stone.

Here are the details of ConnexPay's key team members:

Keith Stone: Co-Founder & Managing Director of ConnexPay.

View details of ConnexPay's Founder profiles and Board Members

ConnexPay's employee count trend

ConnexPay has 135 employees as of Jun 26. Here is ConnexPay's employee count trend over the years:

Uncover ConnexPay's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of ConnexPay include Ramp, NG.CASH and Payhawk. Here is the list of Top 10 competitors of ConnexPay, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ramp 2019, New York City (United States), Series F	Provider of a platform for spend management, corporate cards, and payables	$3.22B	Founders Fund, Coatue & 71 others	84/100
2nd	NG.CASH 2021, Rio de Janeiro (Brazil), Series B	Provider of digital accounts, prepaid cards, and payment processing services	$50M	Monashees, New Enterprise Associates & 11 others	77/100
3rd	Payhawk 2018, Sofia (Bulgaria), Series B	Provider of spend management platform with AI-powered automation and control	$239M	Greenoaks, QED Investors & 22 others	71/100
4th	Easebuzz 2014, Pune (India), Series A	Provider of payment solutions and software as a service APIs	$34M	8i Ventures, Bessemer Venture Partners & 17 others	70/100
5th	Bottomline Technologies 1989, Portsmouth (United States), Acquired	Provider of business payments automation, connectivity, cash management, and fraud solutions	-	Herald Investment Management, Trinity Capital ... & 2 others	69/100
6th	Modulr 2016, London (United Kingdom), Series C	Provider of automated payment processing and financial infrastructure software tools	$200M	Highland Europe, General Atlantic & 23 others	68/100
7th	REPAY 2006, Atlanta (United States), Public	Provider of payment processing solutions and vendor payment automation services	-	SunTrust Bank, Corsair Capital & 1 others	66/100
8th	Routable 2016, San Francisco (United States), Series B	Provider of accounts payable automation, vendor management, and payment solutions	$47.7M	Y Combinator, BoxGroup & 23 others	66/100
9th	AccessPay 2012, Manchester (United Kingdom), Acquired	Cloud based payment automation and cash management solutions for businesses	$44.4M	NatWest, True Ventures & 10 others	66/100
10th	Dwolla 2008, Des Moines (United States), Acquired	Provider of payment solutions and automated clearing house (ACH) services	$76.9M	Foundry, Union Square Ventures & 24 others	65/100
14th	ConnexPay 2017, Bonita Springs (United States), Series C	Provider of a unified payments platform for business applications	$145M	F-Prime Capital, BIP Ventures & 5 others	58/100