APEXX Global

Overview
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FinTech Infrastructure?
Buy Now, Pay Later?
Product stageSegments
Early
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Payment and subscription management
?

Based in the UK, APEXX Global (APEXX) offers an API-based payment infrastructure platform for merchants to embed localized payment and buy-now-pay-later (BNPL) solutions. APEXX’s infrastructure combines payment acquirers, gateways, and shopping carts, covering payment authorization, processing, and transaction optimization. The company also has offices in India and the US, expanding to the latter in January 2022.

The platform aims to localize payment acceptance across the globe, with over 120 alternative payment methods, as of March 2023. The company also offers “APEXX Connect,” a BNPL aggregator solution that enables merchants to connect to around 13 BNPL providers, catering to over 40 markets.

APEXX also provides intelligent routing and analytics solutions that optimizes payment flows and reduces costs (claims to reduce processing costs by 15%).

Key customers and partnerships

APEXX’s infrastructure was reportedly used in over 70 countries (as of January 2022) and its customers include ASOS, Ryanair, CarTrawler, Swoon, and AirSeychelles, among others.

The company partnered with Trustly in February 2023 to enable APEXX’s merchants across the globe to leverage Trustly’s account-to-account recurring payment solutions. Moreover, it has also partnered with other payment tech companies such as Global Payments and Worldline to enhance its APEXX Connect product by accessing BNPL providers.

Funding and financials

APEXX reportedly processed around USD 20 billion worth of transactions, as of end-2021. The company raised USD 25 million in Series B funding in March 2023 to invest in product development and expanding its presence in North America.

HQ location:
5a Underwood Street London London GBR
Founded year:
2016
Employees:
51-100
IPO status:
Private
Total funding:
USD 37.0 mn
Last Funding:
USD 25.0 mn (Series B; Mar 2023)
Last valuation:
-
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