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Traxpay, founded in 2009, is a pioneer in the B2B FinTech space. Traxpay’s award-winning and patent-pending Software-as-a-Service platform helps banks and B2B networks generate untapped revenue by offering innovative payments and supply chain financing products to their corporate customers. The solution connects corporate ERP systems with each other and with banks’ backend systems. This connection unlocks data and business process optimization to enable significantly more flexible and efficient payments processing, factoring, reverse factoring, and dynamic discounting. All Traxpay solutions can be optionally connected to and processed via the blockchain offering banks dedicated blockchain product use cases.
The company is privately held, headquartered in Frankfurt, Germany and led by senior industry experts with experience in banking and payments. Until today Traxpay has raised € 20 Million of venture capital by key investors like Earlybird Ventures, Commerzbank, Software AG and others.