# Traxpay: Financial services, Frankfurt, Germany

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

Source: https://millionrounds.com/startup/traxpay (Millionrounds; every figure on the page links to its filing or article)

Germany · [Financial services startup](https://millionrounds.com/companies)

# Traxpay

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

Funding reported Last round: Corporate round

Financial services Frankfurt, Germany

Company summary

- **Founded:** 2009 17 years old
- **Team:** 26 11 to 50 people
- **Funding reported:** 19M as listed, currency not stated
- **Last round:** Corporate round Jul 2020

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Traxpay has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 all **19M** in the source's currency

Rounds **3**

Last round **Corporate round**

Last round date **Jul 2020**

Investors listed **4**

## The company, in detail

What they build

Known for

supply chain finance 2.0 consumers bill of exchange reserve enterprises regtech in trade finance trade risk reduction information technology & services logistics & supply chain financial services trade finance innovation finance digital wechsel enterprise software information technology supply chain digitization

Built with from their website

Docker WordPress.org Apache Viewport Meta Chart.Js MongoDB webpack Apple Business Manager OWL Carousel Priority Hints

+8 more

React Microsoft Exchange MySQL PrimeNG Microsoft 365 Apps & Services Jenkins Mobile Friendly amCharts

- **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](https://millionrounds.com/directory/traxpay)

## How it ended, so far

Exit

Exit Buyer Price When

Acquired [Main Incubator](https://millionrounds.com/fund/main-incubator) undisclosed Sept 2014

## Financial services in Germany

Startups like it

- [**Raisin** Berlin · founded 2012 *Raised*](https://millionrounds.com/company/raisin)
- [**Kreditech** Hamburg · founded 2012 *Raised*](https://millionrounds.com/company/kreditech)
- [**Billie** Berlin · founded 2016 *Raised*](https://millionrounds.com/company/billie)
- [**Exporo** Hamburg · founded 2014 *Raised*](https://millionrounds.com/company/exporo)
- [**Taxfix** Berlin · founded 2016 *Raised*](https://millionrounds.com/company/taxfix)
- [**CrossLend** Berlin · founded 2014 *Raised*](https://millionrounds.com/company/crosslend)
- [**Finiata** Berlin · founded 2016 *Raised*](https://millionrounds.com/company/finiata)
- [**Bitwala** Berlin · founded 2014 *Raised*](https://millionrounds.com/company/bitwala)

## Is this your company?

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