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Credorax Raises $40M

SOUTHBOROUGH, MA, Credorax has landed a $40 million investment.
Credorax has landed a $40 million investment from backers that include Columbus Nova Technology Partners and previous investor Blumberg Capital.

Founded in 2007 by technology experts, Credorax is one of the world's first hi-tech companies to become a Principal Member of Visa Europe and MasterCard and a financial institution licensed under the PSD (Payment Services Directive). An acquirer specifically focused on the e-commerce arena, Credorax introduces an entirely new breed of acquiring - Smart Acquiring - to PSPs, ISOs and online merchants.
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