"Consumers, travel agencies and their suppliers were frustrated by the lack of transparency in the payment process. While we initially built ConnexPay for the travel industry, we are seeing strong demand from non-travel businesses, such as marketplaces, event ticket brokerage, bill payment and insurance,” said Bob Kaufman, CEO and Founder of ConnexPay. “Our platform gives payment management and control back to those protecting consumer money and helps strengthen business relationships.”

https://www.businesswire.com/news/home/20201201005377/en/ConnexPay-Raises-Additional-Funding-to-Propel-Adoption-of-Payments-Technology