ConnexPay

Payments technology company that connects customer payment acceptance with supplier payment issuance on a single, unified platform. Designed for travel intermediaries like online travel agencies and management companies, the system reduces the financial risk and complexity of managing separate transaction flows. It streamlines reconciliation and improves cash flow through real-time transactions, fraud detection, and a range of virtual card products – including single-use VCCs and specialized UATP cards for airlines. A patent-pending intelligent routing system further optimizes outcomes by selecting the most effective payment type for each transaction based on historical performance. After receiving a $110 million growth equity investment in 2022, ConnexPay won the Travel Innovation Award at The Phocuswright Conference the following year. The company now operates in 30 countries, with PCI-certified services available in more than 175 territories worldwide.