Prepaid Isn?t Just For Consumers Anymore: PEX Card Raises $3.2M For SMB-Focused Prepaid Expense Cards

Prepaid card company PEX Card, which offers a prepaid Visa expense card to small and medium-sized businesses, has picked up another round of funding, with a $3.2 million Series B. The round was led by existing investor iNovia Capital and new investor Bluff Point Associates. Also participating in the round were Augury Capital and other private investors. With the additional financing, PEX Card has raised nearly $5 million to date.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/5k_JXGuf-Ys/

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