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Press Room

Press Releases

28 Oct 2014
Credorax Receives Additional $40 Million Investment to Fund Global Expansion

Boston, MA, Oct 28, 2014 — Credorax, the digital merchant acquirer, today announced an additional $40 million growth equity investment to support continued global expansion. The $40M funding is comprised of two investments: $25M from Columbus Nova Technology Partners, a growth fund headquartered in NYC and Silicon Valley, as well as $15M from Blumberg Capital, an existing shareholder.

24 Sep 2014
Credorax, the digital acquirer, receives license in Japan

Boston, MA - September 24, 2014 — Credorax, the Digital Merchant Acquirer, today announced that it has received a license from Japan's Ministry of Finance.

31 MAR 2014
Credorax appoints former GlobalCollect Board Member & Senior Executive, Koen Vanpraet, as New Chief Commercial Officer

London – March 31, 2014 — Credorax, the smart high-tech acquirer, today announced that it has appointed Koen Vanpraet as its Chief Commercial Officer. In this new role, Mr. Vanpraet will continue to build and enhance Credorax's business growth and market share in Europe, Asia and North America.

29 Jan 2014
App55 Selects Credorax as its Preferred bank Acquirer to Bring online and mobile Pay-by-Password to European Merchants & PSPs

London - 29 January 2014 — Credorax, the smart high-tech acquirer, today announced that the company has been chosen by App55, an online payments provider, as a preferred partner to expedite the market penetration of their ‘One-Click’ solution across the European e-commerce and m-commerce markets.