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July 27, 2020

Traxpay secures new investment from Deutsche Bank

Traxpay, a Frankfurt-based fintech firm, has signed a new agreement to secure an investment from Deutsche Bank.

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How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
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The financial details of the investment were not divulged by the German lender.

Traxpay offers a software-as-a-service platform to help companies manage their cash flow. According to the website, companies use Traxpay financing platform to provide its suppliers access to dynamic discounting, reverse factoring and factoring solutions.

Following the investment, Deutsche Bank plans to use Traxpay platform to expand its supply chain finance offering.

On the other hand, the agreement expands Traxpay’s shareholder circle as the company aims to attract more banks to join its platform.

Deutsche Bank Trade Finance and Lending global head Daniel Schmand said: “The current crisis acts like a catalyst to the market. Numerous companies are reviewing their strategic relations with their suppliers and are identifying substantial potential in terms of financing.

“Recent developments we’ve seen as a result of Covid-19 show how important liquidity is for our clients. With Traxpay we have an experienced partner with a good track record. We can work with them to offer our clients further solutions in this area.”

Traxpay founder and CEO Markus Rupprecht said: “With Deutsche Bank, we have gained a strategic investor with a leading role in supply chain financing across the globe.”

In April, Deutsche Bank launched a new instant payments service PromptPay in Thailand.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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