Credorax is a smart payments provider and fully licensed bank providing cross-border processing for eCommerce and omni-channel payments. Our gateway technology, SourceTM, has been developed in-house to provide a streamlined payments experience so smart and secure, that merchants can reach their full business potential simply by better managing their payments. Credorax merchants can accept more than a hundred cards and local payment methods and get paid in their currency of choice. Our merchants also enjoy best-in-class approval rate optimisation, advanced anti-fraud protection, business intelligence and a host of other value-added services and products adding up to a payments experience unlike any other. To learn more, contact us at grow@credorax.com or visit www.credorax.com.
Employees: 201-500
Phone: +356 2557 1000
Total raised: $80M
Founded date: 2007
Investors 3
Funding Rounds 2
| Date | Series | Amount | Investors |
| 27.10.2014 | - | $40M | - |
| 27.08.2013 | - | $40M | FTV Capita... |
Mentions in press and media 13
| Date | Title | Description |
| 20.07.2021 | Credorax : Launches Cutting-edge Chargeback Prevention Solution | Leading smart payments provider and merchant acquiring bank, Credorax, has announced it is upping the ante in the world of fraud protection and chargeback mitigation by launching a cutting-edge solution to preventing chargebacks. Credorax’s... |
| 23.03.2021 | Smart Payments Provider Credorax Explains how Local Payment Methods can Seamlessly Settle Transactions | Credorax, a “smart” payments provider and “fully-licensed” bank offering cross-border processing for digital commerce and omni-channel payments, notes in a blog post that local payment methods (LPMs), also called alternative payment methods... |
| 13.02.2020 | Interested in Investing in Early Stage Firms? OurCrowd Has a Long List, Reports 36 Exits to Date | OurCrowd is arguably the leading investment crowdfunding platform in the world. Based in Israel but listing offerings from companies around the world, OurCrowd has seen approximately $1.4 billion in committed funding since inception. Of the... |
| 23.10.2016 | FinTech v. traditional banking: It’s not a zero-sum game | The financial services sector is bracing itself for an unprecedented period of disruption. Innovations such as smartphones, big data analytics, and the blockchain technology that underpins Bitcoin, are forcing banks, insurers, and Wall Stre... |
| 30.10.2014 | Credorax Raises $40M | SOUTHBOROUGH, MA, Credorax has landed a $40 million investment. >> Click here for more funding data on Credorax >> To export Credorax funding data to PDF and Excel, click here Credorax has landed a $40 million investment ... |
| 29.10.2014 | Credorax Secures $40M in Funding | Credorax, a Southborough, MA-based provider of online payment processing and acquiring bank services for digital merchants, secured $40m in funding. Backers included Columbus Nova Technology Partners ($25M) and existing investor Blumberg Ca... |
| 27.10.2014 | Credorax Raises $40 Million To Become A Payment Acquirer For The Internet Age | Managing the arcane arts of processing transactions for online purchases is a complicated job. Once a shopper enters the numbers on their card, the expiration date on their credit card, and their zip code, a complicated machinery of transac... |
| 30.08.2013 | Funding roundup - week ending 8/30/13 | Belly, Retention Science, ZenDrive, ShopPad, trueAnthem among those that raised funds this week Seed Stage Driving safety monitoring app ZenDrive raised $1.5 million in seed funding from First Round Capital, Max Levchin, Jerry Yang, Tim Fer... |
| 28.08.2013 | Credorax Receives $40M Growth Equity Investment | Credorax, Inc., a Southborough, MA-based unified transaction processing & acquiring platform for online retailers and Payment Service Providers (PSPs), received a $40m growth equity investment. The round was led by FTV Capital. In conju... |
| 27.08.2013 | Credorax gets $40M to simplify payment processing | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Credorax, a Boston-based company that has develop... |
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