The funding round came from equity company FTV Capital and brings Credorax to nearly USD 100 million raised since its founding in 2008.
Credorax provides online payment processing and acquiring bank services to online merchants worldwide. The company is a licensed financial institution and a Visa and MasterCard principal member.
In recent news, Credorax has entered the Japanese market by appointing Mr. Jonathan Epstein as Country Manager and opening an office in Tokyo.
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