Credorax receives a $40 million investment

FTV Capital has just secured millions of dollars towards Credorax’s growth.

As a principal member of Visa Europe and MasterCard, licensed financial institution and Acquirer, this capital injection (from FTV Capital) is welcomed input for Credorax’s technology platform and client service development as well as its expansion into new markets across the globe.

The high-tech acquirer for Payment Service Providers and online retail positions itself as an innovative company offering adaptable solutions for constantly evolving CNP environments (and others) and is: “excited to partner with FTV Capital, a value-added investor in the Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term arena with an established track record of helping companies grow and scale," according to CEO and founder, Benny Nachman.