Traxpay is a privately owned Supply Chain Finance platform founded in 2009 and headquartered in Germany. The company operates globally from Europe with a multi-bank approach. Traxpay offers a range of services, including invoice discounting, reverse factoring, and dynamic discounting, to help businesses improve their cash flow and manage their supply chains more efficiently. The company has a team of 40 employees and works with a variety of clients, including large corporations and small businesses.
Traxpay, a provider of supply chain financing solutions, has partnered with LuxAG, an investment management company, to enable businesses to access working capital through digital negotiable instruments (DNIs). This partnership allows businesses to use DNIs to obtain financing from LuxAG, expanding their access to capital. The collaboration between Traxpay and LuxAG marks a new development in trade and supply chain financing, leveraging technology to facilitate easier access to funding for businesses.