Germany · Financial services startup

Traxpay

Traxpay is a Supply Chain Finance (SCF) platform based in Frankfurt, Germany, operating globally with a focus on Europe.

Funding reportedLast round: Corporate round

Financial servicesFrankfurt, Germany

About Traxpay

Traxpay is a Supply Chain Finance (SCF) platform based in Frankfurt, Germany, operating globally with a focus on Europe.

Founded in 2009, the company aims to be the "Platform of Choice" for buyers, suppliers, and financing partners. Traxpay's platform helps manage working capital efficiently and securely, serving suppliers in over 30 countries and facilitating billions of dollars in financing through its SaaS solution. The platform offers a range of working capital management solutions, including dynamic supplier financing, early payment solutions, and payment risk management. It features a cloud-based B2B Dynamic Payments platform that supports real-time transactions and integrates with ERP systems like SAP. Traxpay's multi-bank approach connects users with various financing partners, providing flexibility and transparency in financial transactions. The company is recognized for its commitment to sustainability and speed, enabling quick onboarding for suppliers and delivering valuable insights for banks and financing partners.

What company datasets say Traxpay raised

Funding, as reported

Reported in all19Min the source's currency
Rounds3
Last roundCorporate round
Last round dateJul 2020
Investors listed4

The company, in detail

What they build

Known for

supply chain finance 2.0consumersbill of exchangereserveenterprisesregtech in trade financetrade risk reductioninformation technology & serviceslogistics & supply chainfinancial servicestrade finance innovationfinancedigital wechselenterprise softwareinformation technologysupply chain digitization

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Sector
Financial services
Industry code
NAICS 52232, 51321, 522390, SIC 6732
Region
Hesse
Revenue
4M a year, as listed
Full record
Every detail in the company directory

How it ended, so far

Exit

ExitBuyerPriceWhen
AcquiredMain IncubatorundisclosedSept 2014

Financial services in Germany

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