Traxpay and NORD/LB to Enter Cooperation

Frankfurt and Hannover, Germany / Luxembourg, Luxembourg / Mountain View, California – Traxpay, pioneer in the automation and optimization of B2B financial transactions, and NORD/LB, one of Germany’s largest wholesale banks with extended expertise in the corporate and structured finance businesses and its subsidiary NORD/LB Luxembourg S.A. Covered Bond Bank, today announced a planned cooperation to support the bank’s digitalization strategy. With Traxpay’s Financing Platform NORD/LB will be able to streamline Supply Chain Financing (SCF) services through a direct plug-in to customers’ ERP systems. They will benefit directly through accelerated response times, transparency, flexibility, and administrative efficiency.

“Traxpay’s technology will help us support our corporate customers to optimize processes, and increase efficiencies in their supply chains by making use of the data and intelligence they already have within their systems. Digitalization in our sophisticated SCF transactions will allow for reduced administrative complexity and spending, faster response times, and a high level of flexibility in transacting with us and their trade partners.” said Olaf Hugenberg, Head of Corporate Finance at NORD/LB.

Having a broad track record and extensive …

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Traxpay und NORD/LB Wollen Gemeinsam das Firmenkundengeschäft Digitalisieren

Frankfurt, Hannover (Deutschland) / Luxemburg (Luxemburg) / Mountain View (Kalifornien) – Traxpay, Pionier bei der Automatisierung und Optimierung von B2B-Finanztransaktionen, und die NORD/LB Norddeutsche Landesbank sowie deren Tochter NORD/LB Luxembourg S.A. Covered Bond Bank (NORD/LB CBB) haben heute eine geplante Kooperation als Baustein der Digitalisierungsstrategie der Bank angekündigt. Mit der Traxpay Financing-Plattform …

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KPMG Cooperates with Fintech Traxpay

The auditing and consulting company KPMG has signed a cooperation agreement with the Frankfurt-based fintech company Traxpay, which has developed a B2B payment and financing platform in combination with blockchain technology. KPMG will from now on advise financial institutions on the implementation of Traxpay software and the relevant adaptation of internal processes. …

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Traxpay Wins 2016 Business Excellence Awards

The prestigious Business Excellence Awards were first established to highlight and celebrate the outstanding performance and results achieved by the leading lights across the corporate world, despite working within increasingly competitive markets.

Corporate leaders are at the forefront of all industry development and bear a vast responsibility, utilizing their ingenuity, creativity and industry …

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Traxpay takes its place on the prestigious FinTech50 list

Adding to a growing number of awards received in early 2016, Traxpay has been featured on FinTech City’s influential FinTech50 list.

The independent list features 50 European FinTechs which a panel of judges deem to be game-changers for the financial services industry. Forty-four experts had the final say on which enterprises took their …

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