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Credorax, payment processor raises $40 Mn from FTV Capital and others

Credorax was founded in 2008 by a high-tech executive and serial entrepreneur with over 10 years of experience in the online payments market, Mr. Benjamin Nachman. According to Benjamin Nachman, CEO of Credorax, the internet economy is expected to grow almost 10% per annum through to 2016, representing a $4.2 Tn contribution to the G-20's total GDP in 2016.

Credorax secured a $40 Mn financing round from

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