Connexpay
“Can a single patented platform that links incoming customer payments to outgoing virtual card supplier payments become the standard B2B payment infrastructure for global intermediary businesses?”
Founded in 2017 as a travel-payments specialist, ConnexPay patented the concept of 'connected payments' — linking incoming customer sales directly to outgoing supplier virtual card payments so intermediaries never hold idle float. The company expanded from travel to broader B2B verticals and in 2022 used a $110M FTV Capital raise to push into Europe (GBP/EUR). The platform has since added an Integrated Credit facility (line of credit tied to virtual card issuance), a closed-loop proprietary rail, and UATP airline acceptance, evolving from a niche travel-payment tool into a full-stack B2B payment infrastructure provider for marketplace intermediaries.