About
Penny Inc.
Penny Inc is a payment management platform for small businesses, allowing their clients to issue their own debit cards and virtual cards to make paying customers and managing expenses easy. And it’s free, all while providing real-time visibility and control over their business expenses.
At Penny, we identified a distinct lack of suitably priced payment services for small to medium-sized businesses (SMEs). Our payment management platform enables small businesses to issue their own virtual cards, white-labeled via ConnexPay’s platform, to make paying suppliers and managing expenses easy.” “We’re very pleased with how our partnership with ConnexPay has developed, so much so that we’re proud to also be one of the first ConnexPay clients to enable payouts via Push-to-Card modalities.” “Once we heard about this new offering from ConnexPay, we were sold on the benefits. Push-to-Card Payouts eliminates the need for traditional payment methods like checks and ACH, which can take days to clear and have limited settlement visibility. With Push-to-Card Payouts, settlements to the recipient occur in real time, adding money directly to their debit card or prepaid card, and we have full visibility into all transactions.
Tony Ferguson
Founder & CEO, Penny Inc.
