CredoRax Obtains New Round

  • Feed Type
  • Date
    9/20/2011
  • Company Name
    CredoRax
  • Mailing Address
    106 Southville Road Southborough, MA 01772
  • Company Description
    Credorax provides online payment processing & acquiring bank services under one roof, to a diverse range of online merchants worldwide.
  • Website
    http://www.credorax.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    Undisclosed
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The investment by Blumberg Capital is set to support Credorax’s rapid business growth and the introduction of its next generation e-Power platform, a Unified Transaction Processing & Acquiring Banking platform built to provide online merchants with value-added, end-to-end services to assist them to grow their businesses.
  • M&A Terms
  • Venture Investor
    Blumberg Capital