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Credorax Nets $40 Million Growth Venture Capital

Wednesday, August 28, 2013 5:53:00 AM PDT | VentureDeal

   Southborough, Massachusetts  --  E-Commerce technology company Credorax has landed $40 million in gross equity financing.

Credorax provides a variety of online payment processing and acquiring bank services for online merchants worldwide.

FTV Capital, Blumberg Capital and others made the investment.

The company did not say specifically how the funding proceeds would be used.

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