PEX: Experience of a Leader, DNA of a Start-Up
PEX is for any organization that needs to move quickly, yet maintain tight spending controls and accurate, up-to-the-millisecond records.
The PEX platform allows customers to issue and manage cards for a wide variety of applications. PEX is a trusted, mature business with more than a decade spent listening to customers, servicing their industries, and understanding their markets.
All of the platform’s key features and capabilities have been designed, built and refined in-house to address customer requirements. Features such as a proprietary payments stack, bank integrations, customer portals, all of the platform’s secure data infrastructure.
The PEX platform is unique both in terms of the sheer number of customers it services (10,000+) as well as the size and scope of its features and capabilities.
Designed to Help Turn Workforce Spending into a Competitive Advantage
Leading technology that manages and tracks spending
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Streamlines operations for unparalleled efficiency
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Flexible controls turn costs into a competitive edge
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Delivers dynamic, actionable real-time data
PEX combines a platform that enforces spending rules and streamlines reporting with the flexibility of business prepaid cards.
Meet Our Team
Toffer Grant
Chief Executive Officer & Founder
Toffer Grant
Chief Executive Officer & Founder
Toffer’s career in the prepaid card industry began in 2000 at Clarity Payment Solutions, a leading venture-backed platform company servicing the budding prepaid industry. Over six years, he initiated 65 prepaid card programs in consumer, corporate, and emerging verticals of the prepaid card industry. Clarity’s lifecycle exposed Toffer to life in a tech startup through to life in a large public company after acquisition by TSYS in 2004. In 2006, Toffer founded PEX as a prepaid card solution for small and mid-sized businesses. A New York City native, Toffer’s exposure to SMBs came early in life through the family business. Dinner conversation often centered on issues impacting SMBs, corporate finance for small companies.
Paul Hirschorn
Chief Technology Officer
Paul Hirschorn
Chief Technology Officer
Paul joined PEX in 2013 and has since built up the platform to meet scaling demands, all while achieving and maintaining PCI compliance. He is now responsible for overseeing the technical direction and operational aspects of the technology team. Paul is a sixteen year veteran of the IT industry, having served clients in the financial, legal, healthcare, e-commerce, and nonprofit sectors. He has a rich background in infrastructure, networking, compliance, and his knowledge spans multiple OS platforms. As president of the IT consulting business he founded in 1999, he provided telecommunications and web-hosting services to the New York metro area during the infancy of the internet.
Stanley Yung
Chief Operating Officer
Stanley Yung
Chief Operating Officer
Stanley Yung is the COO at PEX. He leads our Partnerships, Customer Success, Operations, Compliance, and HR teams. Prior to PEX, Stanley was an SVP at Western Union, where he was instrumental in growing its digital payments business unit to over $1B in annualized revenues. His roles included leading strategy & business operations, product, and customer experience. Stanley’s business career started with the Monitor Group, a consultancy, where he led growth strategy, global expansion, operations, and M&A diligence project teams. Stanley graduated from Stanford University and received his MBA from MIT’s Sloan School of Management.
Luke Pritchett
Chief Financial Officer
Luke Pritchett
Chief Financial Officer
Luke Pritchett leads the financial planning, corporate development, and accounting functions at the company. Prior to joining PEX, Luke held numerous roles at Visa over an 8-year period. In his Finance role, he was responsible for developing guidelines for optimizing the financial and strategic value of deals with card-issuing banks. Luke provided deal approval recommendations and analytic support to executive-level officers on global deal evaluations. He then transitioned from Finance to lead the new Visa Business Development team to grow the emerging commercial prepaid product. In this role, Luke partnered with the PEX team to drive awareness of this new product category. Excited about the market opportunity of combining prepaid debit cards with spend management software tailored to SMBs, Luke joined the PEX team in 2015 as SVP of Corporate Strategy.
Find a Solution
From small teams to large, distributed workforces, PEX helps keep workforce spending aligned with your goals.
See How PEX Works
Every business is different. Let us show you how you can use PEX to improve your staff and stakeholder experience.
Questions?
Our top-tier customer service reps are available to answer your questions any time of the day or night.