Traxpay secures USD 15 mln in series funding round

Wednesday 24 September 2014 07:57 CET | News

Traxpay, a business-to-business (B2B) payment provider, has raised USD 15 million in a series B funding.

This oversubscribed round was led by main incubator, corporate incubator of Commerzbank, and Software AG. Early investors, Earlybird Venture Capital and former senior APAX partner, Michael Phillips of Castik Capital Partners, also participated in the round.

Traxpay provides financial transactions and payments. Traxpay customers include B2B commerce network operators, digital marketplaces, and corporations.

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Keywords: Traxpay, series funding round, business-to-business, payments provider, USD 15 million, online payments
Categories: Payments & Commerce
Countries: World
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Payments & Commerce

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