Traxpay

Traxpay offers a platform that facilitates 24/7 B2B payments and transactions in real time.

Traxpay has developed an award winning and patent pending Software-as-a-Service platform. The Traxpay platform helps banks and B2B networks to generate untapped revenue by offering innovative payments and supply chain financing products to their corporate clients. The solution connects corporate ERP systems with each other and with bank's backend systems. This connection unlocks data and business process optimization to enable significantly more flexible and efficient payments processing, (reverse) factoring and dynamic discounting. All Traxpay solutions are optionally connected to and processed via the blockchain offering banks dedicated blockchain product use cases. The company is privately held, headquartered in Frankfurt, Germany and led by senior industry experts with experience in banking and payments. Until today Traxpay has raised € 20mn of venture capital by key investors like Earlybird Ventures, CommerzBank, Software AG and others.