Payment Processing Company Credorax Raises $40 Million In Funding

Posted Aug 30, 2013

Credorax is a payment processing company that has raised $40 million in funding from FTV.  Credorax has a platform called “ePower” that is used for licensing across all of the European Union countries.  The ePower platform lets merchants process online payments while being protected by fraud.  Credorax will be using the funding to continue building their platform and for expansion.
[Source: VentureBeat]