What We Do
When a person or family struggles with the basic costs of living, paying excessive fees for everyday bills such as electricity, gas, and phone has a lasting impact. Access to affordable financial services should be a basic right, not a life long struggle.
According to the official Federal Poverty Levels, 14% of Americans - over 45 million people - live below the poverty line. However, these level calculations are outdated, making them incredibly misleading. Using updated numbers to calculate today’s actual cost of living, the United Way ALICE project finds that 43% of American households are earning less than needed to survive, placing them in very real poverty.
In 2016, 14.7 billion bills were paid, totaling nearly $3.9 trillion. While the fees charged for bill payments vary significantly by method and location, across the board, fees tend to be exploitive and unnecessarily high.
We know we can do better. The bill pay industry is full of large corporations with legacy technology and systems that move slow and are costly to run. The need for affordable bill pay in America is staggering. PX Financial Group is committed to relieving the financial struggles millions of Americans face by providing affordable and timely solutions.
Products
Online Bill Pay
Affordable and fast online bill pay for all your bills, national and local.
In-person Bill Pay
The convenience to pay your bill in-person with cash, credit, debit or check.
Mobile Top-Up
Send mobile minutes to friends and family anytime and anywhere.
Founding Team
Jay and Ty have decades of experience in technology and bill pay and have worked together for over 10 years. Most recently at PayPal, they focused on bill pay and the integration of TIO Networks where they developed a passion for providing financial services to the billions of people that do not have adequate access. With PX Financial Group, Jay and Ty use their unique understanding of the bill pay industry, high-tech, and payments to democratize financial services.
Jay brings deep technical experience to PX Financial Group. Jay ran operations at StackMob and, in a previous life, tested the security of banks and ATMs. At PayPal, Jay held various architecture roles, built critical security and large scale systems, and worked on strategic initiatives such as cloud, bill pay, and M&A.
In 2009, Ty co-founded StackMob, the first backend-as-a-service company focused on mobile applications, and served as the CEO. In 2013, StackMob was acquired by PayPal. Ty held various roles at PayPal, including running large organizations; operating strategic initiatives like blockchain, cloud, bill pay, and M&A; and providing hands-on expertise in building large scale systems and security.