CardX announced the completion of $2.1 million in financing led by NXGEN.
CardX provides zero-cost credit card acceptance solutions to businesses, government, and education by passing on the credit card fee. This allows customers to choose a lower-cost option, making payments more fair for everyone. It also allows CardX to create cost transparency and equips customers to “comparison shop” among payment types.
With this additional funding, the company will launch an inaugural direct sales channel, hire new team members, and build resources to complement its sales partner channel.