Traxpay, a privately owned financial services company founded in 2009 and headquartered in Germany, provides a supply chain finance platform. As of 2023, the company employs approximately 40 people and operates globally from its European base, utilizing a multi-bank approach.
Traxpay, Lux Kapitalmarkt Management AG (LuxAG), and Arqit Quantum Inc. announced a trade and supply chain financing partnership on April 3, 2024. This partnership focuses on LuxAG's investment in digital negotiable instruments (DNIs). The initiative aims to provide businesses with easier access to working capital through the use of DNIs.
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