PEX Card

PEX Card offers a modern corporate prepaid card solution, empowering SMBs to manage employee expenses seamlessly and efficiently. It provides a Visa prepaid corporate card service that small and medium-sized businesses can use to control employee expenses. The solution connects robust controls via web and mobile apps to Visa prepaid cards, allowing companies to manage each employee's card balance and spending locations in real-time. Managers can discuss purchases with staff before funding the card to avoid overspending and have the ability to top-up the employee’s card instantly. Additional spending restrictions can be applied to each employee's profile, such as allowing purchases for gas but not for restaurants. Founded in 2007, PEX Card operates in the Finance, Financial Services, Fintech, and Mobile industries. In its most recent funding round on June 13, 2024, the company secured a $5.00M Venture Round investment. No specific investor information was provided for the last investment. Signing up for PEX Card is straightforward, only requiring business validation, without the need for credit checks, as no money is being lent. Visit their website to learn more.