As the year draws to a close, and we are getting ready to take a break to celebrate the holidays with our families, it’s a great opportunity to take some time to reflect on the milestones Credorax achieved in 2014.

Some of the year’s major highlights for the company include:

  • Improved operational support and functionality
  • Signed contracts with key industry partners such as Moduslink
  • We received our Japan payment processing license
  • We received the “Best Merchant Acquirer” of 2014 award at the Payments Awards dinner
  • Great coverage in TechCrunch and other media channels
  • We secured an additional investment round

We are proud of our 2014 achievements and are on track for a stellar 2015!

Here is what our CEO Benny Nachman, CCO Koen Vanpraet and CRO Stanley Skoglund have to say about our accomplishments in 2014 and the outlook for 2015:

Benny:

2014 was a year of growth and transformation for Credorax. We have expanded our team and the company now boasts 190 employees worldwide. We grew not only in numbers but also in the employee quality- we made sure we bring the best, most qualified people in the world to join our team. We raised additional $40 Million in 2014, thus doubling our company valuation within 12 months. We won market recognition, and were named Merchant Acquirer of the Year at the FS Tech Payments Awards Dinner.

I think that now more than ever, we have fine-tuned our vision and mission statement – to build the world’s first global, e-commerce acquirer, with licenses and BINs everywhere and one unified platform to process it all.

 

Koen:

First of all I would like to thank all of our partners for  their business and especially for the trust and support we get from them. Without a doubt, 2014 has been a great year for Credorax.

As the year draws to a close, it looks like we are going to double our revenue, as compared to 2013. We are growing our presence across the globe, we are hiring more people across the regions we support and we are also increasing the functionality and features of our core product.

Stanley:

In 2015 we will see some changes. We plan to roll out tools which will give customers the ability to look at their own data in different ways. For example, customers would be able to look at collateral positions or look at a number of refunds which allows the customer to make better risk-informed decisions.

We will also be looking at further strengthening operational capabilities, and continue to lead the industry in fast onboarding and fast decisions with the respect to onboarding.

 

2014 was a fabulous year for Credorax and we’re looking forward to an even better 2015. To celebrate, we got together to make a fun company holiday greeting clip .


 Take a few minutes to enjoy and share with friends.

Happy holidays from Credorax!