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 Ratings4.6
Overall CultureA+

Latest Updates

Employees (est.) (Jul 2021)285(+2%)
Job Openings26
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
Show more

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
Show all (5)

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
Show all financial metrics

Credorax Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

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

Learn more on Comparably

Credorax News and Updates

Credorax releases chargeback protection tool

Leading smart payments provider and merchant acquiring bank, Credorax, has announced it is upping the ante in the world of fraud protection and chargeback mitigation by launching a cutting-edge solution to preventing chargebacks.

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...
Show more

Credorax Blogs

Account takeover fraud: What to be aware of and how to prevent it

Identity fraud is rampant today and it holds no prisoners when it comes to payments. If a fraudster gets hold […]

Our FHRD Award: the people that make Credorax a great place to work

The people behind Credorax have always been our top priority. We’ve always known that they are the reason it’s a […]

How global merchants can cultivate innovation in three simple steps

In 2007, Credorax was a start-up. Now, we have acquiring and payments processing capabilities in over 30 European countries.

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.
Show more

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 285 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.