Knox Payments
closedDate | Investors | Amount | Round |
---|---|---|---|
$80.0k | Seed | ||
$900k | Seed | ||
$630k | Early VC | ||
Total Funding | €1.5m |
Recent News about Knox Payments
EditKnox Payments, operating in the financial technology sector, specializes in providing secure and efficient payment processing solutions for mobile and online transactions. The company serves a diverse range of clients, including e-commerce businesses, non-profits, and service providers, who require a reliable and fast payment system. Knox Payments' core product, Connexus, offers features such as same-day settlement, fraud prevention, and a seamless 1-click checkout experience. The business model revolves around charging transaction fees, which are competitively priced at half the industry standard, making it an attractive option for cost-conscious clients. Knox Payments generates revenue through these transaction fees and aims to enhance the payment experience by reducing friction and ensuring security. The company operates primarily in the North American market but has the potential for global expansion.
Keywords: secure payments, mobile transactions, online payments, same-day settlement, fraud prevention, 1-click checkout, e-commerce, non-profits, transaction fees, financial technology.