Mobile Internet Capital, Inc. Invests in Credorax

credorax

Secured funding for expansion

Online payment technology company Credorax has raised funding from Mobile Internet Capital. The firm processes online payments for merchants and accepts MasterCard and Visa credit cards with chip and pin authentification.  

“We are very pleased to have Credorax join our portfolio of companies,” said Mikihide Katsumata, President and CEO of Mobile Internet Capital. “Based on Credorax’s success in Europe’s cross-border e-market, and more recently their innovation and traction in mobile payments, we believe the company has the potential to become a key acquirer in Japan.”

 

 

Related reading

boom
new york barclays
company card killer Pleo
Cheque

Leave a comment