PEX Card: Funding, Investors & Team (Oct 2026)
PEX Card is a corporate prepaid card solution provider for small and medium sized companies to control employee spending.
PEX Card has raised $170M across 2 funding rounds on record, the most recent a Private Equity of $160M announced in Jul 2026.
That round is above the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
PEX Card Company Profile and Key Stats
Latest funding round on record: Jul 2026.
PEX Card Funding Rounds
PEX Card raised $9.7M in an undisclosed round announced in Mar 2026.
4 months later, a Private Equity of $160M was announced in Jul 2026.
PEX Card Investors
PEX Card Founders and Leadership Team
Contact details for the PEX Card team: 2 of 2 have an email address on file, 2 have a LinkedIn profile.
Start 14-day free trial →PEX Card Funding Compared to Other Financial Services Startups
PEX Card's latest round of $160M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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PEX Card Funding FAQs
What does PEX Card do?
PEX Card is a corporate prepaid card solution provider for small and medium sized companies to control employee spending.
How much funding has PEX Card raised?
PEX Card has raised $170M across 2 rounds on record. The most recent is a Private Equity of $160M announced in Jul 2026.
When did PEX Card last raise funding?
PEX Card's most recent funding round on record is a Private Equity of $160M, announced in Jul 2026.
Who has invested in PEX Card?
Investors on record for PEX Card include Inovia Capital, New York Angels, Bluff Point Associates, Augury Capital.
Who founded PEX Card?
FundedIQ lists Toffer Grant (Founder) at PEX Card.
Where is PEX Card headquartered?
PEX Card is based in New York, New York, United States.
How many employees does PEX Card have?
PEX Card is in the 51-100 employee band.
When was PEX Card founded?
PEX Card was founded in 2007.
How does PEX Card's funding compare to other Financial Services startups?
PEX Card's latest round of $160M is above the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.
About FundedIQ's PEX Card Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for PEX Card is left off this page rather than filled in.
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