PEX Card Garners $3,200,000 Series B Funding Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=21404c3e-9e76-4038-a3eb-765e6ecab796&Preview=1 - Date
10/23/2012 - Company Name
PEX Card - Mailing Address
1375 Broadway 11th Floor New York, NY 10018 - Company Description
PEX Card, a business prepaid card company launched specifically to help companies streamline employee expense management, is the prepaid card industry’s first turnkey commercial card program. Customers self service using online tools for budgeting and controlling pre-funded deposits that employees use for day to day spending. The PEX Card Service provides visibility into cash flow while simultaneously maximizing control and managing risk. - Website
http://www.pexcard.com - Transaction Type
Venture Equity - Transaction Amount
$3,200,000 - Transaction Round
Series B - Proceeds Purposes
Proceeds purposes were not disclosed. - M&A Terms
- Venture Investor
iNovia Capital - Venture Investor
Bluff Point Associates - Venture Investor
Augury Capital - Venture Investor
Undisclosed
