Tech Company Financing Transactions
PEX Card Funding Round
Bluff Point Associates participated in a $160 million venture round for PEX Card. The round closed on 7/28/2026.
Transaction Overview
Company Name
Announced On
7/28/2026
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$160,000,000
Round
Undisclosed
Investors
Bluff Point Associates (Lead Investor) (Tom McInerney)
Proceeds Purpose
PEX will use the capital to accelerate growth of its charge card program and spend management platform, expand product innovation, and invest in sales, partnerships and strategic growth initiatives.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
462 7th Ave. 21st Floor
New York, NY 10018
USA
New York, NY 10018
USA
Phone
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Toffer Grant
Chief Technical Officer
Paul Hirschorn
VP - Bus. Development
Ned Elton
VP - Operations
Pamela Matheson
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