Draft:Inbanx
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| Submission declined on 19 August 2025 by Qcne (talk). This submission appears to read more like an advertisement than an entry in an encyclopedia. Encyclopedia articles need to be written from a neutral point of view, and should refer to a range of independent, reliable, published sources, not just to materials produced by the creator of the subject being discussed. This is important so that the article can meet Wikipedia's verifiability policy and the notability of the subject can be established. If you still feel that this subject is worthy of inclusion in Wikipedia, please rewrite your submission to comply with these policies.
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This draft has been resubmitted and is currently awaiting re-review. |  |
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| Company type | Private |
|---|---|
| Industry | Fintech |
| Founded | February 2021 |
| Founders | Rob Kaczmarek (CEO) Steve Burt Aaron Upshaw |
| Headquarters | Austin, Texas |
Key people | Jim Miller (CPO/CTO) |
| Products | Corporate expense management software, corporate credit cards |
| Website | inbanx.com |
inbanx Inc. is a financial technology company based in Austin, Texas, that provides corporate expense management, charge cards, and accounts payable services. The platform is designed for large and complex enterprises, with a focus on budget visibility and control across multiple departments, budgets, and vendor relationships.[1].
inbanx automates transaction categorization, applies AI to reduce the lag between purchases and administrative visibility, and enables configurable spending controls across an organization.[2].
inbanx cards are issued by Cottonwood Payments, a subsidiary of FinWise Bank[3].
History
[edit]2021-2023: Founding and early growth
[edit]inbanx was founded in February 2021 by serial entrepreneur Rob Kaczmarek, alongside co-founders Steve Burt and Aaron Upshaw. Prior to launching inbanx, Kaczmarek stated that the concept for inbanx originated from challenges he encountered in managing and controlling organizational spending during a previous venture that he successfully scaled[4].
In May 2023, inbanx closed its seed round, raising approximately $3.6 million to expand its platform for corporate expense control and credit-card issuing[5]. The round was led by Launchpad Capital and Social Leverage, with additional backing from Everywhere Ventures and Altari Ventures[6].
In October 2023, Ken Burgess—former CEO of FirstCapital Bank of Texas and current regional president at Prosperity Bank—joined inbanx's board of directors. He serves alongside Rob Kaczmarek and Brian Pearson, president and CEO of American Benefits Exchange, LLC[7]
2025-present: FinWise sponsorship
[edit]In March 2025, inbanx transitioned from its initial sponsor bank to FinWise Bank in Sandy, Utah—a larger partner able to better greater credit needs.
References
[edit]- ^ Accesswire, Press Release (2 May 2023). "inbanx raises $3.6M seed round to expand budget and spending control solution". Accesswire via CountOn2.com. Retrieved 11 August 2025.
- ^ "Home page". inbanx. Retrieved 11 August 2025.
- ^ "Home Page Issuing Statement". inbanx. Retrieved 11 August 2025.
- ^ Everywhere VC (1 June 2023). "Founders Everywhere: Rob Kaczmarek". Everywhere VC. Retrieved 12 August 2025.
- ^ Winstrom, Brent (2 May 2023). "Inbanx raises nearly $4M to help companies better control expenses — a proposition VCs scoffed at a year ago". Austin Business Journal. Retrieved 2 May 2023.
- ^ GrowthMentor. "Inbanx". GrowthMentor ("The fastest growing startups in Austin in 2025"). Retrieved 12 August 2025.
- ^ Ferguson, Neil (23 October 2023). "inbanx Inc. Welcomes Burgess, Former CEO of FirstCapital Bank of Texas, to its Board". Bankers Digest. Retrieved 12 August 2025.
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