FinMont Partners with Leading B2B Payments Platform ConnexPay

ATLANTA, US / February 8, 2024: Global payment orchestration platform FinMont has announced a new partnership with leading B2B payments platform ConnexPay. Through this new alliance, FinMont is adding ConnexPay’s innovative all-in-one payments solution to their travel orchestration platform.

Purpose-built for the travel industry, ConnexPay’s unified payments solution aligns incoming customer payments with outgoing supplier payments, all in real time, with one contract and one reconciliation. With ConnexPay, clients get real-time access to incoming customer funds that they can use to pay suppliers, which drives significant cash flow for travel businesses.

Suby Valluri, CEO of FinMont, commented, “We are delighted to announce our partnership with ConnexPay and incorporate their payment platform into our global ecosystem. This partnership will strengthen and expand the FinMont proposition for travel merchants, allowing our clients to issue virtual cards in real time.”

Bob Kaufman, Founder and CEO at ConnexPay, added, “ConnexPay is excited to partner with FinMont and incorporate our global payment offering into FinMont’s payment ecosystem for the travel industry. Our solution will allow FinMont’s clients to use one system to both accept and make payments, unifying the entire payments process with one contract and one reconciliation for ease and convenience.”

The founders of German airline Hahn Air launched FinMont to offer the travel industry a unique solution that, unlike other options available, streamlines not only B2C payments but also B2B payments. Combining both payments into a single view will help decision-makers identify and fix inefficiencies in their current payment processes. The firm’s mission is to help travel merchants use payments as a strategic tool to stand out from competitors.

For more information, visit: www.finmont.com or www.connexpay.com.

About ConnexPay
ConnexPay is the first company to bring together the two sides of the payment process — payments acceptance and virtual payments issuing — into a single platform with one contract and one reconciliation. The flexibility of this technology allows clients to adopt the full end-to-end acquiring and issuing solution, or clients can leverage ConnexPay’s platform and intelligent routing in an issuing-only capacity.

ConnexPay continues to focus on the travel and tourism space, but ConnexPay’s solutions are applicable across a broad spectrum of corporate payment use cases, including insurance and warranty claims, loyalty and rewards payouts, and media and advertising buys.

Founded in 2017, ConnexPay continues to innovate and improve end-to-end payments for clients across the globe. In 2023, ConnexPay earned the Travel Innovator of the Year award at Phocuswright and was named to the Inc 5000 list of fastest-growing companies in America. Learn more at www.connexpay.com and follow us on LinkedIn.

About FinMont
FinMont is an end-to-end omnichannel travel payment management platform.
The founders of German airline, Hahn Air, launched FinMont to offer the travel industry a unique solution that, unlike other options available, streamlines not only B2C payments but also B2B payments. Combining both payments into a single view will help decision-makers identify and fix inefficiencies in their current payment processes. The firm’s mission is to help travel merchants use payments as a strategic tool to stand out from their competitors. To find out more, visit www.finmont.com.

‍

Media contact:

Liza Amaro

Head of Marketing, ConnexPay

‍lamaro@connexpay.com

‍(706) 617-4710

‍

James Godfrey

Communications, FinMont

‍j.godfrey@finmont.com

‍+447887851396