Traxpay - About the company
Traxpay is a series C company based in Frankfurt Am Main (Germany), founded in 2009. It operates as a Working capital management for businesses. Traxpay has raised $19M in funding from investors like Deutsche Bank, Earlybird and neosfer. The company has 119 active competitors, including 41 funded and 17 that have exited. Its top competitors include companies like Taulia, Noetica and CreditNirvana.
Company Details
Traxpay provides working capital management for businesses. It features solutions for dynamic discounting, supply chain financing, invoice management, cist management, payment processing, and more. It enables the transformation of financial B2B relationships by connecting buyers, suppliers, and their banks with AR/AP tools that deliver reduced risk, digitalization, and transparency.
- Website
- www.traxpay.com/
- Email ID
- *****@traxpay.com
- Phone Number
- +49 **********
- Registered Address
- Schleusenstraße 17, 60327 Frankfurt am Main, Germany
Key Metrics
Founded Year
2009
Location
Frankfurt Am Main, Germany
Stage
Series C
Total Funding
$19M in 3 rounds
Latest Funding Round
Investors
Ranked
31st among 119 active competitors
Employee Count
25 as on Oct 31, 2026
Legal entities associated with Traxpay
Traxpay is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
TRAXPAY GmbH CIN: M1201_HRB115048 , Germany, Active | Apr 04, 2019 | - | - | |
Traxpay GmbH CIN: HRB115048 , Germany, Active | Apr 03, 2019 | - | 39 (As on Dec 31, 2021) | |
Traxpay AG CIN: HRB65857 , Germany, Active | Apr 23, 2009 | - | 28 (As on Nov 30, 2019) |
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Traxpay's funding and investors
Traxpay has raised a total funding of $19M over 3 rounds. Its first funding round was on Jun 26, 2012. Its latest funding round was a Series C round on Jul 24, 2020 for $*****. 1 investor participated in its latest round. Traxpay has 6 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Traxpay:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 24, 2020 | 9704514 | Series C | 1135251 | 2365430 | 1772577 | 8319920 |
Sep 22, 2014 | 2780965 | Series B | 8057586 | 5862392 | 1383566 | |
Jun 26, 2012 | 9218252 | Series A | 6033145 | 6286517 | 2992582 |
View details of Traxpay's funding rounds and investors
Traxpay's founders and board of directors
Founder? Claim ProfileTraxpay's employee count trend
Traxpay has 25 employees as of Oct 26. Here is Traxpay's employee count trend over the years:
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Traxpay's Competitors and alternates
Top competitors of Traxpay include Taulia, Noetica and CreditNirvana. Here is the list of Top 10 competitors of Traxpay, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Taulia 2009, San Francisco (United States), Acquired | AI-based electronic invoicing and supply chain management solution for businesses | $220M | 69/100 | |
2nd | Noetica 2022, New York City (United States), Acquired | Provider of AI-powered benchmarking for corporate transaction terms | $28M | 69/100 | |
3rd | CreditNirvana 2018, Bengaluru (India), Acquired | Provider of an AI/ML-driven debt management platform for financial institutions | $2.02M | 67/100 | |
4th | FICO 1956, San Jose (United States), Acquired | Provider of AI decisioning platforms and credit scoring solutions for enterprises | - | 65/100 | |
5th | Mynd Fintech 2002, Gurugram (India), Series A | Online marketplace for supply chain financing | $16.3M | 65/100 | |
6th | Provider of supply chain finance technology and digital lending solutions | $3M | 60/100 | ||
7th | Earlypay Exchange 2010, Sydney (Australia), Series A | Provider of early payment solutions for construction subcontractors | $35.8M | 59/100 | |
8th | Provider of working capital solutions and supply chain finance programs | $49.2M | 59/100 | ||
9th | Provider of digital trade finance platform connecting businesses with investors | $30M | 59/100 | ||
10th | C2FO 2008, Leawood (United States), Acquired | Provider of cash flow optimization and dynamic discounting solutions for businesses and vendors | $568M | 58/100 | |
31st | Working capital management for businesses | $19M | 40/100 |
Looking for more details on Traxpay's competitors? Click here to see the top ones
Traxpay's Investments and acquisitions
Traxpay has made no investments or acquisitions yet.
Reports related to Traxpay
Here is the latest report on Traxpay's sector:
News related to Traxpay
•
Arqit and Traxpay sign contract to deliver more efficient, secure trade financeGlobeNewswire•Dec 12, 2022•Traxpay, Arqit
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Traxpay’s Jochen Siegert joins Deutsche Bank Trade Finance leadership teamDeutsche Bank•Aug 27, 2020•Traxpay, Deutsche Bank
•
Fintech Firm Traxpay, which Offers Dynamic Discounting and Reverse Factoring Solutions, to Receive Investment from Deutsche BankCrowdfund Insider•Jul 29, 2020•Deutsche Bank, Traxpay
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How London can fend off the European hotspots vying for its fintech crownCity A.M.•Oct 01, 2018•Traxpay
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Traxpay Announced the Appointment of Jochen Siegert as Chief Operating OfficerFinancial IT•Jun 23, 2015•Traxpay
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Traxpay Closes $15 Million Series B Round to Transform B2B Payments and Financial TransactionsBusiness Wire•Sep 23, 2014•Traxpay
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