“main incubator supports us with their extensive banking regulatory and legal knowhow as well as the access to Commerzbank‘s international network. This is of great importance to us.”
Jochen Siegert
COO of Traxpay
Traxpay AG is one of the first fintech companies in Germany and was founded in 2009 by banking and B2B experts. The company developed and supports a multiple award-winning SaaS platform. It helps banks and marketplaces to integrate into existing ERP systems of their corporate clients.
With easy integration into those ERP systems, seamless processes are enabled and all existing refinancing products and investment products are combined into one platform. This leads to integrated and fully flexible supply chain finance instruments for the suppliers as well as capital optimization instruments for buyers.
This flexibility ensures ad hoc financing of individual invoices and utilizes all today’s existing refinancing instruments as a one-stop shop. The supplier has one view on cash forecasting but also optimized one-stop refinancing options.
Factoring, dynamic discounting, reverse factoring, bank credit lines and others are all optimized on a single platform. This leads to an integrated cash management cockpit for suppliers, with the highest certainty of cash planning. On the buyer side the integration into the ERP systems is very safe and quick.
For banks which serve as sales and product partners, Traxpay improves the stickiness with their customers and enlarges the product spectrum of the bank by a modern and state-of-the-art refinancing of working assets.
Traxpay supports banks’ efforts to digitalize their corporate banking business, strengthens their product portfolio and creates additional revenue.
Markus Rupprecht (Founder & CEO), founded Traxpay in Cologne in 2009, Jochen Siegert is part of the company since 2015 (COO).
Important customers and cooperation partners are: NordLB, Net-m Privatbank 1891, Restposten.de, Otto / EOS; Partners: KPMG, SAP, IBM, Accenture, Commerzbank. Traxpay is supported by the investors Earlybird Venture Capital, Software AG, and main incubator.
Traxpay is active worldwide and has already won numerous awards. In the years 2015 and 2016 Traxpay received the following:
- Business Excellence Award 2016
- FinTech50
- European FinTech Top 100
- B2B Payment Provider of the Year 2015
- Best Online B2B Payments Platform – Europe & Most Innovative Online Payments Provider
- European FinTech Top 100
- Business Worldwide Corporate Excellence Award as B2B Payment Provider of the Year 2015
- Banking-IT Innovation Award for B2B Dynamic Payments Platform
- 2015 FinTech Excellence Award for ‘Innovation in B2B Payment Solution’
- FinTech 50 2015 “50 Game-changers Transforming the Future of Finance”
Address:
Main Incubator GmbH
Mainzer Landstrasse 33a
60329 Frankfurt am Main
