Credorax

OverviewSuggest Edit

Credorax is a Merchant Acquiring Bank, specializing in cross-border e-commerce. Awarded ‘Best European Merchant Acquirer of 2015’, this Fintech turned MFSA-licensed European commercial bank provides a centralized payment platform and acquiring solution for large enterprises. Founded in 2007 by technology experts, Credorax is one of the world's first high-tech companies to become a Principal Member of Visa and MasterCard and a financial institution licensed under the PSD (Payment Services Directive). An acquirer specifically focused on the e-commerce and m-commerce arenas, Credorax introduces an entirely new breed of acquiring — Smart Acquiring — to partners and online merchants. Credorax's acquiring solutions are based on its core technology, ePowerTM, a next-generation payment processing platform. With services designed to be flexible, scalable and fully customized to individual needs, Credorax combines pioneering technology with a uniquely service-oriented approach for exceptional business results.
TypePrivate
Founded2008
HQSouthborough, MA, US
Websitecredorax.com
Employee Ratings3.9
Overall CultureA+

Latest Updates

Employees (est.) (Apr 2021)286(+2%)
Job Openings45
Cybersecurity ratingAMore

Key People/Management at Credorax

Igal Rotem

Igal Rotem

Chief Executive Officer
Aviram Shemer

Aviram Shemer

Chief Financial Officer, Chief Risk Officer
Moshe Selfin

Moshe Selfin

Chief Operations Officer, Chief Technology Officer
Sharon Ekstein

Sharon Ekstein

Chief Business Operations Officer, Chief HR Officer
Nathan Shaked

Nathan Shaked

General Counsel
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Credorax Office Locations

Credorax has offices in Southborough, Minato, Valletta, Amsterdam and in 1 other location
Southborough, MA, US (HQ)
106 Southville Rd
Minato, JP
11th Floor Roppongi Hills Mori Tower,, 6-10-1 Roppongi
Valletta, MT
Palazzo Homedes, 80 Strait Street
Amsterdam, NL
Barbara Strozzilaan 101
London, GB
34 Lime St
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Credorax Financials and Metrics

Summary Metrics

Founding Date

2008

Credorax total Funding

$80 m

Credorax latest funding size

$40 m

Time since last funding

7 years ago

Credorax investors

Credorax's latest funding round in October 2014 was reported to be $40 m. In total, Credorax has raised $80 m
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Credorax Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

Credorax Online and Social Media Presence

Embed Graph

Credorax Company Culture

  • Overall Culture

    A+

    93/100

  • CEO Rating

    A+

    100/100

  • Compensation

    A+

    100/100

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Credorax News and Updates

Credorax appoints Achiya Fried as chief commercial officer

Credorax, leading smart payments provider and merchant acquiring bank, has today announced the appointment of Achiya Fried as Chief Commercial Officer.

Samsung SDS and Credorax form distributed ledger pact

Today, leading smart payments provider and fintech bank, Credorax, and global leader in digital tran...

Credorax Partners with Raisin to Offer Exclusive Banking Products to German Market

BERLIN and TEL AVIV, Israel, Dec. 3, 2019 /PRNewswire/ -- Today, fintech bank and smart payments provider, Credorax, and savings marketplace, Raisin are announcing a new partnership which will offer retail deposits to Raisin customers in Germany. This partnership marks the launch of...

Credorax introduces WeChat, Alibaba and UnionPay to European merchants

Credorax, the smart payments provider and licensed bank for cross-border eCommerce and omni-channel...

Credorax figure au classement 2018 Deloitte Technology Fast 500™ pour l'EMEA

Deloitte reconnait Credorax comme l'une des sociétés de technologie ayant fait l'objet de la croissance la plus rapide entre 2014 et 2017 dans la région Europe, Moyen-Orient et Afrique (EMEA) TEL AVIV, Israël, 14 octobre 2019 /PRNewswire/ -- Credorax, un prestataire de paiements...

Credorax wird auf Liste der 2018 Deloitte Technology Fast 500™ in EMEA geführt

Deloitte würdigt Credorax als eines der von 2014 bis 2017 am schnellsten wachsenden Technologieunternehmen in der Region EMEA TEL AVIV, Israel, 14. Oktober 2019 /PRNewswire/ -- Credorax, ein Smart Payment-Dienstleister, der als Merchant Aquiring Bank lizensiert ist und die...
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Credorax Blogs

Goodbye ‘pay’ button? Will invisible payments become the norm?

A typical transaction involves at least five parties: the cardholder, the issuer, the card scheme, the merchant, and the acquirer. […]

Get Creative: Circumvent SCA with 3DS 2.0 Exemptions

How merchants can reduce checkout friction after implementing Strong Customer Authentication The post Get Creative: Circumvent SCA with 3DS 2.0 Exemptions appeared first on Credorax Blog.

Local payment methods: The key to cross-border conversions

The verdict is in: Local Payment Methods (LPMs), also known as Alternative Payment Methods (APMs), are disrupting cards’ long-held dominance […] The post Local payment methods: The key to cross-border conversions appeared first on Credorax Blog.

SCA Delays in Europe

You have been reading continuously about PSD2 Strong Customer Authentication (SCA) for the better part of a year and finally […] The post SCA Delays in Europe appeared first on Credorax Blog.

Defying the monopoly: in-app payments movement is approaching

As Epic Games pointed out in its recent spoof video, it’s ironic that since the first Apple Macintosh was released […] The post Defying the monopoly: in-app payments movement is approaching appeared first on Credorax Blog.

CredoGive Event – Creating Impact, Together

The post CredoGive Event – Creating Impact, Together appeared first on Credorax Blog.
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Credorax Frequently Asked Questions

  • When was Credorax founded?

    Credorax was founded in 2008.

  • Who are Credorax key executives?

    Credorax's key executives are Igal Rotem, Aviram Shemer and Moshe Selfin.

  • How many employees does Credorax have?

    Credorax has 286 employees.

  • Who are Credorax competitors?

    Competitors of Credorax include Starling Bank, Zions Bank and ING.

  • Where is Credorax headquarters?

    Credorax headquarters is located at 106 Southville Rd, Southborough.

  • Where are Credorax offices?

    Credorax has offices in Southborough, Minato, Valletta, Amsterdam and in 1 other location.

  • How many offices does Credorax have?

    Credorax has 5 offices.