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Payrix raises $22M led by Jerry Jones-founded Blue Star Innovation

Payrix Payments Technology said it raised $22 million in funding led by Blue Star Innovation Partners, a fund founded by Jerry Jones, the owner of the Dallas Cowboys.

The founders of Blue Star also include entrepreneur Rob Wechsler and Providence Strategic Growth, the growth equity fund affiliated with Providence Equity Partners.

Payrix said it will use the funding to scale the business and invest in business development and marketing.

"We're excited to haveBlue Star and Providence as our first outside investors," said Boruch Greenberg, co-founder and CEO of Payrix in the announcement. "Beyond the investment, there is tremendous value in gaining access to teams who have accomplished so much and build global brands in highly competitive markets."

As part of the agreement Wechsler and PSG's Marco Ferrari will join the Payrix board of directors.

The agreement is not the first payment-related investment by Jones. He is separately an investor in Sports Stack, a firm that signed an agreement with Fiserv earlier this year to enable mobile payments for youth sports leagues.