Toffer Grant
New York, NY (USA)
Role(s):
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PEX Card
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Startup
Location:
New York
Industry:
Technology/Web
Year Founded:
2006
Number Employees:
1-10 people
Description:
PEX Card is an expense management service for companies that put service, installation and sales teams into the field. We pair prepaid Visa debit cards with online tools that centralize, control employee spending and manage corporate funds.
In light of changes credit card issuers are making to lending practices, SMBs are finding it difficult to use credit cards in day to day operations. The PEX Card corporate prepaid debit card solution is the only service available at this time that can effectively replace credit cards for ad hoc employee spending. As a result, we are positioned to capitalize on the effects of the credit crunch and economic downturn.