Investment will enable payments technology leader to expand reach into new verticals and geographies, building on over 500 percent net revenue growth YTD 2022

ConnexPay, a payment technology company that enables marketplace businesses to collect and safeguard consumer funds while automating the distribution of payments to suppliers has secured additional funding from existing investors and from new investor F-Prime Capital, the global venture capital firm affiliated with FMR LLC, the parent company of Fidelity Investments. The investment brings total funding to $15M, which will be used to accelerate growth, increase product offerings for the travel industry and expand in...